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Problem 1 astructions: Below are incomplete financial statements. Calculate the missing amounts for,b, .d, e, f, g, h, and i below and record the final
Problem 1 astructions: Below are incomplete financial statements. Calculate the missing amounts for,b, .d, e, f, g, h, and i below and record the final answers in the space provided. Income Statement a) Revenues Expenses: Salaries Rent Advertising Vet income Statement of Stockholders' Equity Common Retained Stock Varnings Beginning $15.000 $8.000 Issuances (0) Net income 3.000 Dividends Ending $18.000 39.000 $11.000 5,000 7.000 (b) . $5,000 Assets: Cash Supplies Land Buildings Balance Sheet Liabilities: $6,000 Accounts payable (@) Stockholders' Equity: 7,000 Common Stock 14.000 Retained Earnings Total liabilities and stockholders' ( f equity eel Total assets Final answers: a) 25,000 b) 3.000 c) 3,000__ d) 2,000
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