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i need to find the net income, ending retained earnings, current assets, current liabilities, total srockholder equity and total assets. 3 Jepson Company Adjusted Trial
i need to find the net income, ending retained earnings, current assets, current liabilities, total srockholder equity and total assets.
3 Jepson Company Adjusted Trial Balance December 31, 2018 122,000 30,000 4,000 16,000 110,000 21,000 70,000 Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense 45,000 5,000 2,000 7,000 45,000 52,000 63,600 5,000 491,900 10,000 ni 21,000 70,000 45,000 5,000 2,000 7,000 45,000 52,000 63,600 5,000 Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense Delivery Expense Depreciation Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Expense Income Tax Expense Total 491,900 10,000 35,000 15,000 51,000 18,000 152,000 15,500 2,000 35,000 711,500 711,500 Insurance Expense Wages Expense Supplies Expense Interest Expense Income Tax Expense Total 18,000 152,000 15,500 2,000 35,000 711,500 711,500 A/ What is Net Income for the period ending December 31, 2018? A) What is Ending Retained Earnings for the period ending December 31, 2018? What is Total Current Assets as of December 31, 2018? A) What is Total Current Liabilities as of December 31, 2018? A What is Total Stockholders' Equity as of December 31, 2018? A What is Total Assets as of December 31, 2018? A/ Step by Step Solution
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