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please show me how to do this Prat Corp. started the 2018 accounting period with $33,000 of assets (all cash). $13,500 of liabilities, and $8,000
please show me how to do this
Prat Corp. started the 2018 accounting period with $33,000 of assets (all cash). $13,500 of liabilities, and $8,000 of common stock. During the year, the Retained Earnings account increased by $10,550. The bookkeeper reported that Prat paid cash expenses of $27.500 and paid a $2,300 cash dividend to the stockholders, but she could not find a record of the amount of cash that Prat received for performing services. Prat also paid $6,000 cash to reduce the liability owed to the bank, and the business acquired $7,400 of additional cash from the issue of common stock. - Determine the percentage of total assets that were provided by creditors, investors, and earnings. (Round your answers to 2 decimal places.) Total Assets % % Creditors Investors Earnings %Step by Step Solution
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