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Question 36 5.25 pts Statement of Stockholders' Equity-two (2) questions - This problem does NOT build on the preceding problem, the numbers in the
Question 36 5.25 pts Statement of Stockholders' Equity-two (2) questions - This problem does NOT build on the preceding problem, the numbers in the Unadjusted Trial Balance are different. Instructions: Please prepare a Statement of Stockholders' Equity on your scratch paper based on the following Unadjusted Trial Balance and Additional Information below to answer this question and the next question. You will need to know the ending balance for the retained earnings account and the common stock account. (Hint: you may also want to prepare a new Income Statement before preparing the Statement of Stockholders' Equity to make sure you have the necessary information for the Statement of Stockholders' Equity balances.) Unadjusted Trial Balance As of 12/31/20xx Accounts Debit Credit Cash $10,198 Prepaid Rent 6,000 Supplies 4,000 Building 15,000 Accounts Payable $2,000 Deferred Revenue 10,000 Common Stock 8,000 Retained Earnings 10,000 Revenue 10,198 Rent Expense 1,000
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