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I NEED HELP WITH THE BALANCE SHEET. Module 3 HW Question 1 of 2 25/50 31 ! July 29 Treasury Stock 28900 Cash 28900 Aug.
I NEED HELP WITH THE BALANCE SHEET.
Module 3 HW Question 1 of 2 25/50 31 ! July 29 Treasury Stock 28900 Cash 28900 Aug. 10 Cash 25500 Retained Earnings 3400 Treasury Stock Dec. 31 Retained Earnings 40480 Dividends Payable Dec. 31 Income Summary 181300 SUPPORT Retained Earnings Question 1 of 2 25/50 : \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline Jan. 11 & Cash & 268800 & \\ \hline \multirow{7}{*}{ Feb. 1} & Common Stock & & 19200c \\ \hline & Paid-in Capital in Excess of Par - Common Stock & & 76800 \\ \hline & Equipment & 54700 & \\ \hline & Buildings & 156000 & \\ \hline & Land & 293000 & \\ \hline & Preferred Stock & & 410000 \\ \hline & Paid-in Capital in Excess of Par - Preferred Stock & & 9370C \\ \hline \end{tabular} SUPPORT Prepare the stockholders' equity section of Splish Corporation's balance sheet as of December 31, 2020. (Enter account name only and do not provide descriptive information.) Module 3 HW Question 1 of 2 25/50 31 ! July 29 Treasury Stock 28900 Cash 28900 Aug. 10 Cash 25500 Retained Earnings 3400 Treasury Stock Dec. 31 Retained Earnings 40480 Dividends Payable Dec. 31 Income Summary 181300 SUPPORT Retained Earnings Question 1 of 2 25/50 : \begin{tabular}{|c|c|c|c|} \hline Date & Account Titles and Explanation & Debit & Credit \\ \hline Jan. 11 & Cash & 268800 & \\ \hline \multirow{7}{*}{ Feb. 1} & Common Stock & & 19200c \\ \hline & Paid-in Capital in Excess of Par - Common Stock & & 76800 \\ \hline & Equipment & 54700 & \\ \hline & Buildings & 156000 & \\ \hline & Land & 293000 & \\ \hline & Preferred Stock & & 410000 \\ \hline & Paid-in Capital in Excess of Par - Preferred Stock & & 9370C \\ \hline \end{tabular} SUPPORT Prepare the stockholders' equity section of Splish Corporation's balance sheet as of December 31, 2020. (Enter account name only and do not provide descriptive information.)Step by Step Solution
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