Cengage Learning Cengage Learning The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $121,000 and the retained earnings were $56,200 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $24,300 in stock. Accounts payable Accounts receivable Cash Fees earned Land Building $1,990 Miscellaneous expense $1,010 10,550 Office expense 1,290 18,930 Supplies 1,670 70,440 46,800 Wages expense 22,680 Dividends 15,800 155,200 Prepare a balance sheet for the current year ended March 31. Thompson's Computer Services Balance Sheet March 31 Assets Total assets Building 155,200 Prepare a balance sheet for the current year ended March 31. Thompson's Computer Services Balance Sheet March 31 Assets Total assets Liabilities Stockholders' Equity QQ Q Q Total liabilities and stockholders' equity Cengage Learning Previous Next