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prepare balance sheet with above info (check if my numbers are correct thankyou) below I have opened the drop downs to give you all the
prepare balance sheet with above info (check if my numbers are correct thankyou) below I have opened the drop downs to give you all the options
At the beginning of 2018, Artichoke Academy reported a balance in common stock of $152,000 and a balance in retained earnings of $52,000. During the year, the company issued additional shares of stock for $42,000, earned net income of $32,000, and paid dividends of $10,200. In addition, the company reported balances for the following assets and liabilities on December 31. $ 10.5 points Assets Cash Supplies Prepaid rent Land Liabilities $ 52,800 Accounts payable 11,100 Utilities payable 25,000 Salaries payable 210,000 Notes payable 7.600 2,800 3,700 17,000 eBook References Required: 1. Prepare a statement of stockholders' equity. ARTICHOKE ACADEMY ARTICHOKE ACADEMY Statement of Stockholders' Equity Retained Common Stock Earnings Beginning balance $ 152,000 $ 52,000 Issuance of common stock 42,000 Add: Net income 32,000 Less: Dividends (10,200) Ending balance 194,000 $ 73,800 Total Stockholders' Equity $ 204,000 42,000 32,000 / / 69/ $ 267,800 / 2. Prepare a balance sheet. ARTICHOKE ACADEMY Balance Sheet Assets Liabilities Total liabilities 0 Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets $ 0 0 2. Prepare a balance sheet. Ints eBook ARTICHOKE ACADEMY Balance Sheet References Assets Liabilities Accounts payable Cash Common stock Land Total liabilities 0 Stockholders' Equity Notes payable Dansit Total stockholders' equity Total liabilities and stockholders' equity Total assets $ 0 2. Prepare a balance sheet. ARTICHOKE ACADEMY Balance Sheet Assets Liabilities Prepaid rent Retained earnings Salaries payable Total liabilities Supplies Stockholders' Equity Utilities payable Total stockholders' equity Total liabilities and stockholders' equity 0 $ Total assets 0 sheet. ARTICHOKE ACADEMY Balance Sheet Assets Liabilities Accounts payable Cash Common stock Land Notes payable Total stockholders' equity $ Total liabilities and stockholders' equity ARTICHOKE ACADEMY Balance Sheet Assets Liabilities Prepaid rent Retained earnings Salaries payable Supplies Utilities payable Total stockholders' equity Total liabilities and stockholders' equity sets Liabilities Accounts payable Cash Common stock Land Notes payable Show All Items Total stockholders' equity Total liabilities and stockholders' equity $ 0 Prepaid rent Retained earnings Salaries payable Supplies Utilities payable SWC noluers cyurty Show All Items Total stockholders' equity Total liabilities and stockholders' equity
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