Chapter 4 Homework Current assets: Cash Accounts payable Supplies Prepaid insurance Land Total current assets Property, plant, and equipment: Building Equipment Assets Total property, plant, and equipment Total assets Net income Total liabilities Current liabilities: Accounts receivable Accumulated depreciation-building Accumulated depreciation-equipment Liabilities Check My Work Stockholders' Equity Wages payable Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity eBook $24,800 33,800 11,300 20,100 248,600 $520,000 117,600 $56,300 214,100 34,800 192,700 $3,700 150,000 562,300 $338,600 875,300 $1,213,900 $497,900 716,000 $1,213.900 4

fill in the blanks

Prepare a corrected balance sheet: Feedback T.Chedk My Wodk Chapter 4 Homework Assets Current assets: Cash $24,80033,80011,30020,100248,600 Accounts payable Supplies Prepaid insurance Land Total current assets Property, plant, and equipment: Building Equipment Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts receivable Accumulated depreciation-building Accumulated depreciation-equipment Net income $56,300 $338,600 Total liabilities 214,100 34,800 192,700 Stockholders' Equity $497,900 Wages payable 875,300$1,213,900 Common stock $3,700 Retained eamings 150,000 Total stockholders' equity 562,300 Total liabilities and stockholders' equity 716,000 $1,213,900 Check My Work