Reg A
Req B and C
Ail the beginning of 2018, Beter Corp's accounting records had the following peneral ledger accounts and baiances Accounting Equatsion Event Cash Land 400a 6,200 Payable 13.400 te 2018 24.000 34000 Better Corp. completed the following transactions during 2018 1. Purchased land for $12.000 cash 2. Acquired $39,000 cash from the issue of common stock 4 Paid cash operating expenses of $40.600 5 Borrowed $24,000 cash from the bank 6, Paid $12,000 cash dividend to the stockholders. 7. Determined that the market value of the land purchased in event 1 is $49.000 Required a Record the transactions in the appropriate genaral ledger accounts. Racord the amounts of ravenue, expense, and dividends in the Retained Eamings column. Provide the appropriate btles for these accounts in the last column of the table b. As of December 31, 2018, determine the total amount of assets, liabiliies, and stockholders' equity and present this information in the form of an accounting c. What is the amount of total assets, lablities, and stockholders equity as of January 1, 20197 Complete this question by entering your answers in the tabs below. Req A Req B and C Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Eamings column. Provide the appropriate titles for these accounts in the last column of the table. (Enter any decreases to account balances with. minus sign there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank.) Accounting Equation for 2018 "I Liabilises | Stockholders' Equity Event Accounts Tibes for CommonRetained Retained Earnings Stock Cash LandNotesC 98,200 B 400 24,000 Balance 11/2018 6.200 8400 Rs4 B and c ReqA rev: 09 25_2018 Qc CS-140097.02 06 2019 OC cs-157474