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Better Corp. completed the following transactions during 2018 1. Purchased land for $11,000 cash. 2. Acquired $37,000 cash from the issue of common stock. 3.

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Better Corp. completed the following transactions during 2018 1. Purchased land for $11,000 cash. 2. Acquired $37,000 cash from the issue of common stock. 3. Recelved $76,000 cash for providing services to customers. 4. Pald cash operating expenses of $40,800. 5. Borrowed $22,000 cash from the bank. 6. Pald a $11,000 cash dividend to the stockholders. 7. Determined that the market value of the land purchased In event 1 is $47,000 Required a. Record the transactions In the approprlate general ledger accounts. Record the amounts of revenue, expense, and dividends In the Retalned Earnings column. Provide the appropriate titles for these accounts In the last column of the table b. As of December 31, 2018, determine the total amount of assets, lablities, and stockholders' equity and present this Information In the form of an accounting equation. c. what is the amount of total assets, liabilities, and stockholders' equity as of January 1, 2019? Complete this question by entering your answers in the tabs below Req A Req B and C Record the transactions in the a column. Provide the appropriate titles for these accounts in the last column of the table. (Enter any decreases to account balances with a minus sign, Select "NA" if there is no effect on the "Accounts Titles for Retained Earnings".]) ppro priate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings Show less BETTER CORPORATION Accounting Equation for 2018 Event Assets Liabilities + Stockholders Equity Accounts Titles for Common + Notes Payable Retained Retained Earnings Earnings Cash +Land Stock Balance 1/1/2018 22,000+ 32.000 I = 13,200 + 8,200+ 32,600 Totals 22,000+ 32,000 13,200+ 8,200+ 32,600

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