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need help please, thank you! Here are incomplete financial statements for Carla Vista, Inc.: Calculate the missing amounts. Assets Cash Accounts receivable Building CARLA VISTA,
need help please, thank you!
Here are incomplete financial statements for Carla Vista, Inc.: Calculate the missing amounts. Assets Cash Accounts receivable Building CARLA VISTA, INC. Statement of Financial Position December 31, 2022 Liabilities and Shareholders' Equity $5.900 Liabilities 11.800 Accounts payable 53.100 Shareholders equity $70.800 Common shares (a) $5.900 Total assets Retained earnings (b) $70.800 Total liabilities and shareholders equity $100,300 CARLA VISTA, INC. Statement of Income Year Ended December 31, 2022 Service revenue Salaries expense (c) Operating expenses Income before income tax (d) 11,800 Income tax expense 5.900 Net income (e)s CARLA VISTA, INC. Statement of Changes in Equity Year Ended December 31, 2022 Common Shares Retained Earnings $5,900 $11,800 Total Equity $17,700 Balance, Jan. 1 Issued common shares (1) (f) (e) (e) Net income (5.000) (5.000 Dividends declared (g) $ $29,500 (a) $ Balance, Dec. 31Step by Step Solution
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