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Can somebody help me with Retained earnings, Total stockholders equity and Total liabilities and stockholders equity. Homework: Assignment 1 Save core: 1.63 of 4 pts
Can somebody help me with Retained earnings, Total stockholders equity and Total liabilities and stockholders equity.
Homework: Assignment 1 Save core: 1.63 of 4 pts 3015(5 complete) HW Score: 87.86%, 17.57 of 20 p E1-24A (similar to) E Question Help At December 31, 2018, Williams Products has cash of $25,000, receivables of $14,000, and inventory of $79,000 The company's equipment totals $192,000. Williams owes accounts payable of $30,000 and long-term notes payable of $167,000. Common stock is $28,500 Read the requirement (Classify the balance sheet by selecting the proper tite on al applicable subtotal lines In the frst part complete the assets section of the balance sheet In the second part complete the liablities and stockholders' equity section of the balance sheet If a box is not used in the table leave the box empty, do not select a label or entor a zero.) Williams Products Balance Sheet December 31, 2018 Assets Liabilities Current liabilities: Current assets: $ 30,000 25,000 Accounts payable 14,000 Long-term liabilities: 79,000 Long-term notes payable Cash 167,000 Inventory Total liabilities 197,000 Total current assets 118,000 Stockholders' equity Common stock 28,500 Retained earnings 28,500 192 000 Total stockholders' equity $ 310.000 Equipment Total liabilities and stockholders equity Total assets Choose from any list or enter any number in the input fields and then click Check Step by Step Solution
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