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It says i need equations, for example like D14-D15-D16, something like that. thank you! Presented below are incomplete financial statements for Marta Communications, Inc. 3
It says i need equations, for example like D14-D15-D16, something like that. thank you!
Presented below are incomplete financial statements for Marta Communications, Inc. 3 Required: 4 Solve for the missing amounts. NOTE: When an amount on one financial statement is again shown on 5 another statement, you MUST reference the cell from the earlier statement rather than calculate the amount, thus 6 indicating the relationship between the two statements. MARTA COMMUNICATIONS, INC Income Statement For the Month Ended March 31, 20X1 10 11 Sales Revenues 12 Expenses: 13 Rent Expense 14 Salaries Expense 15 Utilities Expense 16 Income Tax Expense 17 Net income 18 $34,500 2,600 22,200 MARTA COMMUNICATIONS, INC. Statement of Stockholders' Equity For the Month Ended March 31, 20X1 Common Stock Retained Earnings Total Beginning Balance (March 1, 20X1) Issuance of common stock Add: Net income for March Less: Dividends Ending Balance (March 31, 20x1) 4,100 MARTA COMMUNICATIONS, INC. Assets Liabilities $3,400 Accounts payable Accounts receivable Stockholders Equity Supplies 2,300 Common stock Retained earnings Total AssetsStep by Step Solution
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