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Missing Amounts From Financial Statements The financial statements at the end of Network Realty, Inc.'s first month of operation are shown below. NETWORK REALTY,
Missing Amounts From Financial Statements The financial statements at the end of Network Realty, Inc.'s first month of operation are shown below. NETWORK REALTY, INC. Income Statement For the Month Ended December 31, 2014 Fees earned Operating expenses: Wages expense Rent expense Utilities expense Interest expense Miscellaneous expense Total operating expenses Net income NETWORK REALTY, INC. Statement of Stockholders' Equity For the Month Ended December 31, 2014 Common Stock Retained Earnings Balances, Dec. 1, 2014 $ 0 Issued common stock 75,000 Net income $33,120 18,000 (b) 1,800 3,960 Total $ (d) $ 0 75,000 57,500 57,500 $ (0) 67,500 $ (c)
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