Exercise 1-8A Prepare a balance sheet (LO1-3) Wolfpack Construction has the following account balances at the...

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Exercise 1-8A Prepare a balance sheet (LO1-3) Wolfpack Construction has the following account balances at the end of the year. Equipment Accounts Balances $18,000 Accounts payable 1,400 Salaries expense 25,000 Common stock 11,000 Land 10,000 Notes payable 12,000 Service revenue 31,000 Cash 4,400 Retained earnings ? Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Assets Balance Sheet December 31 Liabilities Total liabilities 0 Stockholders' Equity Total stockholders' equity 0 Exercise 1-8A Prepare a balance sheet (LO1-3) Wolfpack Construction has the following account balances at the end of the year. Equipment Accounts Balances $18,000 Accounts payable 1,400 Salaries expense 25,000 Common stock 11,000 Land 10,000 Notes payable 12,000 Service revenue 31,000 Cash 4,400 Retained earnings ? Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Assets Balance Sheet December 31 Liabilities Total liabilities 0 Stockholders' Equity Total stockholders' equity 0