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can you help me fill out the chart and the other question shown. department that repairs customers' trains for a fee. The company has been

can you help me fill out the chart and the other question shown. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
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department that repairs customers' trains for a fee. The company has been in busines self to toy stores. it has a smali service the accounting records reflected total assets of $610,000 and total llabilities of $255.000. During the current year, the followious year, summarized events occurred: a. Issued additional shares of common stock for $125,000 cash. b. Borrowed $163,000 cash from the bank and signed a 10 year note. c. Built an addition on the buildings for $249.000 and paid cash to the contractor. d. Purchased equipment for the new addition for $39,500, paying $3,950 in cash and slgning a note for the balance due in two years. e. Returned a $3,950 piece of equipment, from (o) because it proved to be defective; recelved a reduction of the notes payable. f. Purchased a delivery truck (equipment) for $31,000; paid $21,700 cash and slgned a two-year note for the remaindes. g. A stockhoider sold $9,950 of his stock in Mallard incorporated to his nelghboe. Required: 1. Complete the spreadsheet that follows. The first transaction is used as an example. 3. Based on beginning balances plus the completed spreadsheet, provide the Total assets, liabilites and stockholders' equity at the end of yeac 4. As of the current year-end, has the financing for Mallard incorporated's (Mi's) investment in assets primariy come from liablities or stockholders' equity? Complete this question by entering your answers in the tabs beiow. Complete the tpreadsheet that follows. The firut transaction is used as an examplel fintor any decreates te account balances with o minus signis Required: 1. Complete the spreadsheet that follows. The first transaction is used as an example. 3. Based on beginning balances plus the completed spreadsheet, provide the Total assets, liablities and stockholders' equity at the end of year, 4. As of the current year-end, has the financing for Mallard Incorporated's (Mi's) imvestment in assets primarly come from liablities or stockholders' equity? Complete this question by entering your answers in the tabs below. Compinte the speeadeheet that follows. The first transaction is used as an example. (Enter any decreases to account balances with a minus :ign.? 9. A stockholdet sold $9,950 of his stock in Mallard Incorporated to his neighboc, Required: 1. Complete the spreadsheet that follows. The first transaction is used as an example. 3. Based on beginning balances plus the completed spreadsheet, provide the Total assets, llabilities and stockholders' equity at the end of year. 4. As of the current year-end, has the financing for Mallard Incorporated's (Mi's) investment in assets primarily come from liabilities or stockholders' equity? Complete this question by entering your answers in the tabs below. Bosed an beginning taiances pius the completed spreadsheet, provide the Total assets, liabilstes and stockholders' equity at the end of yeac. 6. Returned a $3,950 plece of equipment, from (d), because it proved to be defective; recelved a reduction of the notes payabie. t. Purchased a delvery truck (equipment) for $31,000; paid $21,700 cash and signed a two-year note for the remainder. 9. A stockholder sold $9,950 of his stock in Mallard incorporated to his neighboc. Requlred: 1. Complete the spreadsheet that foliows. The first transaction is used as an example. 3. Based on beglining bolances plus the completed spresdsheet, provide the Total assets, Habalites and stockholders' equity at the end of yeac. 4. As of the current yearend, has the financing for Mallard incorporated's (Mr's) imvestment in assets primarily come from llabilities or. stockhoiders' equity? Complete this question by entering your answers in the tabs below. As of the current yearend, has the financing for Mis investment in assets primariy come from labilities or stockholders" equity department that repairs customers' trains for a fee. The company has been in bucines self to toy stores. It has a smali service the accounting records reflected total assets of $610,000 and total llabllites of $255,000. Durlng the current year, the followious year, summarized events occurred: a. Issued additional shares of common stock for $125,000 cash. b. Borrowed $163,000 cash from the bank and signed a 10 year note. c. Bult an addition on the buildings for $249.000 and paid cash to the contractor. d. Purchased equipment for the new addition for $39,500, paying $3,950 in cash and slgning a note for the balance due in two years. e. Returned a $3,950 piece of equipment, from (o), becouse it proved to be defective; recelved a reduction of the notes payable. f. Purchased a delivery truck (equipment) for $31,000; paid $21,700 cash and slgned a twoyear note for the remaindes. g. A stockhoider sold $9,950 of his stock in Mallard Incorporated to his nelghboe Required: 1. Complete the sareadsheet that follows. The first transaction is used as an exampio. 3. Based on beginning balances plus the completed spreadsheet, provide the Total assets, liabilities and stockholders' equity at the end of year. 4. As of the current year-end, has the financing for Mallard incorporated's (Mi's) investment in assets primariy come from liablities or stockholders' equity? Complete this question by entering your answers in the tabs below. Complete the woreadsheet that follows. The first transaction is used as an example ithintor any decreates te account bolanceec with a minus sian)

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