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I Required information [ The following infomotion applies to the questions displayed below ] The following financial statements and additional information ore reported. IKIBAN INCORPORATED

I
Required information
[The following infomotion applies to the questions displayed below]
The following financial statements and additional information ore reported.
IKIBAN INCORPORATED
At June 30
Assets
Cash
Accounts recelvable, net
Inventory
Prepoid expensics
total current assets
tequipnent
Accumulsted depreciation-Equipment
Total assets
Lisbilities and Equity
Accounts payable
Wages payable
Incore taxes payable
Total current liabilitics
Notes payable (long tern)
Tatal Iiabilitics
Equity
comion stock, is par value
Retained carnings
Total liabilitics and cquity
\table[[,\table[[25,000],[5,000],[3,400]],,\table[[30,000],[15,000],[3,800]]],[,\table[[34,400],[30,000]],,\table[[48,800],[60,000]]],[,64.400,,108.800],[,220,000,,160,0e0
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