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need help with corporatiotion balance sheet ALT-CORPORATION BALANCE SHEET There are five exercises in this assignment. Choose exercise number: Kondo Corporation issued 40,000 shares of

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ALT-CORPORATION BALANCE SHEET There are five exercises in this assignment. Choose exercise number: Kondo Corporation issued 40,000 shares of $10.00 par value common stock at a price of $12.00 per share. Total revenue this year was $140,000 with $40,000 received in cash, and the rest on account. The expenses for the year were $100,000 with $70,000 paid in cash, and the rest on account. 0 ACCOUNTS PAYABLE CASH ACCOUNTS RECEIVABLE STOCKHOLDERS EQUITY COMMON STOCK PAID IN CAPITAL IN EXCESS OF PAR TOTAL PAID IN CAPITAL RETAINED EARNINGs TOTAL STOCKHOLDERS' EQUITY 0 TOTAL LIABILITIES&STOCKHOLDERS EQUITY TOTAL ASSETS A L+OE? YES FREE SPACE ALT-CORP-BS+

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