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Balance Sheets, Net Income Financial information related to the corporation of Ebony Interiors for February and March 2018 is as follows: Cash Accounts receivable

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Balance Sheets, Net Income Financial information related to the corporation of Ebony Interiors for February and March 2018 is as follows: Cash Accounts receivable Supplies February 28, 2018 152,100 March 31, 2018 258,200 IT 86,200 7,600 Accounts payable $39,000 Common stock 130,000 Retained earnings ? 99,100 6,300 $42,100 130,000 ? a. Prepare balance sheets for Ebony Interiors as of February 28, 2018. Ebony Interiors Balance Sheet February 28, 2018 Assets Accounts payable Common stock Cash Retained earnings abilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Prepare balance sheets for Ebony Interiors as of March 31, 2018. Ebony Interiors Balance Sheet March 31, 2018 Assets Total assets Liabilities Check My Work Stockholders' Equity Previous Next>

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