Instructions Accounts, Labels and Amount Descriptions Income Statement Statement of Stockholders' Equity Instructions The assets and liabilities of Adventure Travel Agency on December 31, 2015, and its revenue and expenses for the year are as follows Accounts payable $52,000 Accounts receivable Cash Common stock Fees eamed Land Miscellaneous expense 310,400 Rentexpense 198,600 Supples 325,000 1,400,000 Utetes expense 1,350,000 Wages expense $22,100 75,000 6,000 Guppies expense 15,300 40,000 870,000 4 Common stock was $250,000 and retained earnings was $1,160,400 as of January 1, 2015 During the year, addtional common stock of $75.000 was issued for cash, and dividends of $50,000 were paid Required: Instructions Accounts, Labels and Amount Descriptions Income Statement Statement of Stockholders' Equity Income Statement Ind Accounts, Labels and Amount Descriptions year are as follows: Accounts Accounts receivable Accounts payable Cash Common stock Fees earned Land Miscellaneous expense Rent expense Retained earnings onal common stock of $75,000 w Supplies Supplies expense Utilities expense Wages expense Labels December 31, 2015 Expenses For the Year Ended December 31, 2015 Amount Descriptions Income Statement 1. Prepare an income statement for the year ended December 31, 20Y5. Income Statement Instructions 2 (Label) 3 4 $ 19 Adventure Travel Agency Income Statement (Label) Income Statement Statement of Stockholders' Equity 2. Prepare a statement of stockholders' equity for the year ended December 31, 2015 Ind Statement of Stockholders' Equity Instructions Issued common stock Net income Adventure Travel Agency Statement of Stockholders' Equity (Label) Retained Common Stock Total Earnings Statement ement of Stockholders' Equity Balance Sheet Assets 2 Cash 3 Accounts receivable Supplies 5 Land 6Total assets Liabilities O 10 11 12 15 Stockholders' Equity Adventure Travel Agency Balance Sheet (Label) Points Shaded cells have feedback. Shaded cells have feedba Shaded cells have feed Score: 46/92 $198,600.00 310,400.00 6,000.00 1.350,000.00 $1.865.000.00 10.5/21 ome Statement Statement of Stockholders' Equity 2 25 12 Balance Sheet Shaded cells have feedback. Shaded cells have feedback. Shaded cells have feedback. X Final Question 4. What items appear on both the statement of stockholders' equity and the balance sheet? Check all that apply Accounts receivable Accounts payable Cash Ending common stock Land Retained earnings Supplies Points 0/1 Shaded cells have feedback