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Please help!!! I need assistance in finding Liabilities and Equities and stockholders equity based off of the information provided below. Screen Sho --25 at b.19.49
Please help!!! I need assistance in finding Liabilities and Equities and stockholders equity based off of the information provided below.
Screen Sho --25 at b.19.49 PM Search income statement Prepare the Income Statement Revenues: Ticket revenue $180,000 Concession revenue $29,600 Total Revenue $209,600.00 Ticket revenue Equipment rent expense Film rent expense Concession revenue Advertising expense Salaries expense Utilities expense Cash dividends declared and paid $180,000 $50,000 $53,400 $29,600 $18,600 $60,000 $14,100 $12,000 Expenses: Equipment rent expense Film rent expense Advertising expense Salaries expense Utilities expense Total Expenses $50,000 $53,400 $18,600 $60,000 $14,100 $196,100.00 Balance sheet amounts at June 30 include the following: Net Income Cash Land Accounts payable Capital stock Retained earnings as of 2010 June 1 $140,000 $148,000 $87,600 $114,000 $84,900 $13,500.00 $84,900.00 Retained EarningsStep by Step Solution
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