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part 1. The management of Mecca Copy, photocopylng center located on unlversl?/ Avenue, has complled the followlng data to use In preparlng Its budgeted balance
part 1.
The management of Mecca Copy, photocopylng center located on unlversl?/ Avenue, has complled the followlng data to use In preparlng Its budgeted balance sheet for next year: Ending S g,2eg Supplies invento S 2, geg Equipmen gg, seg Accumulated depreciation LS,eeg payable S 2,9eg s s,eeg Retained The beglnnlng balance of retolned earnlngs was S28,OOO, net Income Ls budgeted to be $17,800, and dlvldends are Oudgeled to be S3.700. Requlred: Prepare the compony's Oudgeled balance sheet (Amount; to be deducted should be Indlcated by e mlnus slgn.) egu.pment Tots ' Tots ' nd egu.pment Liabilitiu and Stockholders' Equity Stockholders Tots' stockhoZers Tots' 'iybiliti" and
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