LOS DIE Equipment Supplies. Required Prepare a balance sheet for Brintany as of May 31. P1-4A. Statement of Stockholders' Equity and Balance Sheet The following is balance sheet information for Tuttle Janitorial Service, Inc., as of December 31 for Year 1 and Year 2: C Accounts payable. Cash... Accounts receivable. Land.. Building, net.. & Equipment, net... L Mortgage payable. & Supplies. e Common stock. Dividends.. Retained earnings December 31, December 31, Year 1 Year 2 $ 6,000 25,000 39,000 56,000 250,000 44,000 93,000 18,000 225,000 12,000 ? $9,000 22,000 31,000 46,000 260,000 46,000 88,000 16,000 225,000 0 ? Required a. Prepare a balance sheet as of December 31 of each year. b. Prepare a statement of stockholders' equity for Year 2. (Hint: The increase in retained earnings is equal to the net income less the dividend.) Req. a. b. P1-7A. Stat Inventory.. Cash collec Equipment, Retained ea Cash divide Salary expe R a. b. P1-8A. E r C

Required Prepare a bulance shet for Brintany as of May 31 . Req a. b. ..ulers' Equity and Balance 31 for Year 1 and Year 2: Required a. Prepare a balance sheet as of December 31 of each year. P1-8A. b. Prepare a statement of stockholders' equity for Year 2. (Hint: The increase in retained eamings is equal to the net income less the dividend.)