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I am totally lost on figuring out the missing data. I have tried everything, referred back to the book, even asked an account and no

I am totally lost on figuring out the missing data. I have tried everything, referred back to the book, even asked an account and no joy. Any help would be greatly appreciated. Even just the methodology.

Thanks,

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On November 1 of the currentyear, Rub Elliot invested $30,500,0l) of his rash totcrm a rporation GGE Enterprises IncI in exchange for shares oi common stock No other common slam was issued donng November cr December Alter a very soccesstulrst month at operations the retained earnings as of November 30 were reported at $5,000.00. Alter all transactions have been entered into the accounting equation for the month oi December, the ending balances for selected items on December 31 toliow. On that date, the nancial statements were prepared. The balance sheet reported total assets of $54,400.00 and total stockholders' equity at 5538355110 Accounts Common Retained Fees Utilities Wages Rent Supplies Miscellaneous Cash Supplies Land Payable Stock Earnings Dividends Earned Expense Expense Expense Expense Expense " $8,350.00 $15,500 00 " '2 $5000 DO $5350 00 327250 00 $6450 00 ? $4,625.00 $1,220.00 5400 00 Review the following quesbons Place an 'X'in the boxto indicate which Hnanciai stalementi's) report the desired information. Enter me amountreperteo on me Hnancrai statement. Balanoe lnoome Retained Earnings Sheet Statement Statement Amount 1. What is the amount reported for tolal liabiiities and stockholders equity on December 31'? IX IV I I I I $54'400 InI 2 What is the retained Earnings amount reported on Decanber 31'? I I I I IX IV I? I 3 How much does GGE Enterprises Inc owe to its creditors? IX If I I I I $15,445,00qu h 4. How much cash is being held by GGE Erlterpnses rim Ix It I I I I museum] I! 5. Ely what amount did retained earnings increase or decrease during the penod? I I I I IX IV I$ I 6 What is the amount of prot or loss during December? I I I I IX If I 51 05150110 IX 7. What were the totai expenses for December? D j 8. How much was paid for wages? CI 1

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