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Ending Balances Cash ? Accounts receivable $ 9.300 Supplies inventory $ 3.000 Equipment Accumulated depreciation $ 16,200 Accounts payable $ 3.000 Common stock $5,000 Retained
Ending Balances Cash ? Accounts receivable $ 9.300 Supplies inventory $ 3.000 Equipment Accumulated depreciation $ 16,200 Accounts payable $ 3.000 Common stock $5,000 Retained earnings $ 40,000 The beginning balance of retained earnings was $29.000, net income is budgeted to be $19.000. and dividends are budgeted to be $5.600. Required: Prepare the company's budgeted balance sheet. (Amounts to be deducted should be Indicated by a minus sign.) Mecca Copy Budgeted Balance Sheet Assets Current assets: Total current assets Plant and equipment: Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity
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