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Balance Sheet Shaded cells have feedback. X Instructions The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end
Balance Sheet Shaded cells have feedback. X Instructions The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow. The retained earnings were $1,341,000 on January 1, 2018, the beginning of the year. During the year, dividends of $75,000 were paid. Accounts payable Accounts receivable Cash Common stock Fees earned Land Miscellaneous expense Rent expense $69,500 236,500 190,500 450,000 383,500 1,500,000 4,500 22,500 Balance Sheet Shaded cells have feedback. X Instructions The amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow. The retained earnings were $1,341,000 on January 1, 2018, the beginning of the year. During the year, dividends of $75,000 were paid. Accounts payable Accounts receivable Cash Common stock Fees earned Land Miscellaneous expense Rent expense $69,500 236,500 190,500 450,000 383,500 1,500,000 4,500 22,500
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