Need help with the Statement of Stockholder Equity!! Please & Thank you!
Common Additional Paid-in- Retained Total Balance, Beginning of Period Issue of Common Stock Cash Dividends Net Income Balance, End of Period $ 107,500.00 $ 17,200.00 $ 48,883.36 $ 173,583.36 > E F G D A Byte of Accounting Balance Sheet As of December 31, 2021 Assets $ 279,531,50 $ 20,823.00 2,035.15 Current Assets Cash Accounts Receivable Allowance for Doubtful Accounts Net Receivable Prepaid Insurance Prepaid Rent Office Supplies Inventory Total 18.787.85 6.049.00 2,300.00 734.00 655.00 $ 308,057.35 $ 65,500.00 11,671 09 $ 53,828.91 Long-Term Assets Office Equipment Accum. Depr.-Office Equipment Net Office Equipment Computer Equipment Accum Depe.-Computer Equipment Net Computer Equipment Total Total Assets $ 23,500 00 9.400.00 14,100.00 67.928.91 $ 375.986.26 Liabilities Current Liabilities Accounts Payable Adranced Payment Interest Payable Salaries Payable Income Taxes Payable Total 1$ 19,351.00 8,465.00 19.80 1,410.00 9,154.46 38 39 10 41 5 38.400.26 Long-Term Liabilities Notes Payable General Ledger Accessibility: Investigate Stockholders Equity 3.960.00 Unadjusted TB Dec. 31 Ready Adjus 45F Cloudy D im E F 14,100.00 B Net Computer Equipment Total Total Assets 67,928.91 $ 375,986.26 Liabilities Current Liabilities Accounts Payable Advanced Payment Interest Payable Salaries Payable Income Taxes Payable Total $ 19,351.00 8,465.00 19.80 1,410.00 9.154.46 $ 38,400.26 $ 3,960.00 Long-Term Liabilities Notes Payable Bond Payable Premium on Bond Payable Net Bond Payable Total Total Liabilities $ 150,000.00 10.042 64 160.042.64 164.002.64 $ 202,402.90 Stockholder's Equity Paid-in Capital Capital Stock Additional Paid-in-Capital Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $ 107,500.00 17,200.00 48,883.36 173.583.36 $ 375.986.26 B D E Income Statement For Year Ending December 31, 2021 Revenues Sales Revenue $ 449,954.00 Cost of Goods Sold 225,021.00 $ Gross Profit 224,933.00 Operating Expenses Rent Expense Salary Expense Advertising Expense Repairs & Maint. Expense Supplies Expense Interest Expense Insurance Expense Depreciation Expense Bad Debt Expense Telephone Expense $ 27,600.00 111,860.00 4,685.00 15.005.00 1,966.00 9,403.94 263.00 10.571.09 1,041.15 5,920.00 Total 188,315.18 Net Income Before Tax $ 36,617.82 Income Tax Expense (Round to two decimal places) 9,154.46 Net Income After Tax $ $ 27.463.36 A B D A Byte of Accounting, Inc. Adjusted Trial Balance 3 As of December 31, 2021 4 5 6 Account Adjusted Trial Balance 7 Number Name Debit Credit 8 1110 Cash 279,531,50 9 1120 Accounts Receivable 20,823.00 10 1121 Allowance for Doubtful Accounts 2,035.15 11 1130 Prepaid Insurance 6,049.00 12 1140 Prepaid Rent 2,300.00 13 1150 Office Supplies 734.00 14 1160 Inventory 655.00 15 1211 Office Equipment 65,500.00 16 1212 Accum. Depr.-Office Equip 11,671.09 17 1311 Computer Equipment 23,500.00 18 1312 Accum. Depr.-Computer Equip 9,400.00 19 2101 Accounts Payable 19,351.00 20 2102 Unearned Revenue 8,465.00 21 2103 Interest Payable 19.80 22 2105 Salaries Payable 1,410.00 23 2106 Income Taxes Payable 9.154.46 24 2202 Notes Payable 3,960.00 25 2210 Bond Payable 150,000.00 26 2212 Premium on Bond Payable 10.042.64 27 3100 Capital Stock 107,500.00 28 3120 Paid in Capital in Excess of Par 17,200.00 29 3200 Retained Earnings 24,000.00 30 3300Dividends 2,580.00 31 32 4100 Sales Revenue 449,954.00 33 5010 Rent Expense 27,600.00 34 5020 Salary Expense 111,860.00 35 5030 Advertising Expense 4,685.00 Danaire R Naint Finance 15.005.00 Adjusted TB Dec. 31 Income Statement Stockholders Equity Ready Accessibility: Investigate 4 Balance 45 F 1212 Accum. Depr.-Office Equip. 1311 Computer Equipment 1312 Accum. Depr.-Computer Equip. 2101 Accounts Payable 2102 Unearned Revenue 2103 Interest Payable 2105 Salaries Payable 2106 Income Taxes Payable 2202 Notes Payable 2210 Bond Payable 2212 Premium on Bond Payable 3100 Capital Stock 3 3120 Paid in Capital in Excess of Par 9 3200 Retained Earnings 0 3300 Dividends 1 52 4100 Sales Revenue 33 5010 Rent Expense 34 5020 Salary Expense 35 5030 Advertising Expense 36 5040 Repairs & Maint. Expense 37 5080 Supplies Expense 38 5090 Interest Expense 39 5100 Insurance Expense 40 5110 Depreciation Expense 41 5120 Bad Debt Expense 42 5140 Telephone Expense 43 5150 Income Tax Expense 44 5300 Cost of Goods Sold 45 Total 47 11,671.09 23,500.00 9,400.00 19,351.00 8,465.00 19.80 1,410.00 9,154.46 3,960.00 150,000.00 10,042.64 107,500.00 17,200.00 24,000.00 2,580.00 449,954.00 27,600.00 111,860.00 4,685.00 15,005.00 1.966.00 9,403.94 263.00 10,571.09 1,041.15 5,920.00 9,154.46 225,021.00 46 824,163.14 824, 163.14
