Instructions Accounts, Labels and Amount Descriptions Balance sheet Instructions The balances of Paradise Travel Service's accounting equation items for the year ended May 31, 2018, are listed below 510.000 of dividends were pad during the year Retained earnings as of June 1, 2017 were $300.000 $900,000 Accounts Fees earned Omice expense Miscellaneous expense 300,000 15,000 Wages expense Accounts payable Accounts receivable 450,000 18,000 38.000 52,000 Common stock 100,000 450,000 Land Supplies 3,000 Balance Sheet (Label) 1 Assets 2 3 4 5 6 Liabilities 8 9 Stockholders' Equity 10 11