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Please fill out all of these boxes: On 1/1/20, World Series Inc. issued common stock for $250. for ALL of these boxes, you can choose

Please fill out all of these boxes: On 1/1/20, World Series Inc. issued common stock for $250.

for ALL of these boxes, you can choose - which indicates that none of the answers are applicable

cash asset box1: 250 or -250

Non-cash assets box 1: 250 or -250

Non-cash assets box 2: retained earnings or common stock

Liabilities box 1: 250 or -250

Liabilities box 2: retained earnings or common stock

contrib capital box 1: 250 or -250

contrib capital box 2: retained earnings or common stock

earned capital box 1: 250 or -250

earned capital box 2: retained earnings or common stock

revenues box 1: - or 250

revenues box 2: - or common stock revenue

expenses box 1: - or 250

expenses box 2: - or common stock expense

net income: 250 or -250

image text in transcribed On 1/1/20, World Series Inc. issued common stock for $250. Balance Sheet: Income Statement

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