Instructions The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $120,000 and the retained earnings were $60,000 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $25,000 in stock Amount $1,030 Accounts Accounts payable Accounts receivable Cash 1,240 Amount Accounts $2,000 Miscellaneous expense 10,340 Office expense 21,420 Supplies 73,450 Wages expense 47,000 Dividends 157,630 1,670 Fees earned 23,550 Land 16,570 Building Required: Labels and Amount Descriptions Labels Expenses For the Year Ended March 31 March 31 Amount Descriptions Balances, April 1 Balances, April 30 Common stock Dividends Net income Net loss Retained earnings Total accate Labels and Amount Descriptions Th March 31 list Amount Descriptions sh Balances, April 1 Balances, April 30 Common stock Dividends Net income Net loss Retained earnings Total assets Total expenses Total liabilities and stockholders' equity Balance Sheet Prepare a balance sheet for the current year ended March 31. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. Thompson's Computer Services Balance Sheet (Label) 1 Assets 2 3 4 5 Balance Sheet 2 3 4 5 6 7 8 Liabilities 9 10 Stockholders' Equity 11 12 13