Req A
Req B and C
At the beginning of 2018, Better Corp's accounting records had the following general ledger accounts and belances BETTER CORP Accounting touation to Accounting Titles for Retained Earnings iabilities Notes Payable Stocknolders teuity Comon Stack Event Assets Retained Earnings Cash Land Balance 1/1/2018 15,000 25,00 12,500 7,s00 20,000 pped Better Corp completed the following transactions during 2018 oBook 1. Purchased land for $7,500 cash 2 Acquired $30,000 cash from the issue of common stock 3. Received $69.000 cash for providing services to customers 4. Paid cash operating expenses of $41.500 5. Borrowed $15,000 cash from the bank 6. Paid a $7.500 cash dividend to the stockholders 7. Determined thet the market value of the land purchased in event 1 is $40,000 Hrt Pr Required rances Record the transactions in the appropriete general ledger accounts Record the amounts of revenue, epense, and dividends in the Retained Earnings column. Provide the appropriate ttles for these accounts in the last column of the teble b. As of December 31, 2018. determine the total amount of assets, liebilities, and stockholders equity and present this information in the form of an accounting equetion e Whet is the amount of sotal assets, liabilities, and stockholders equity es of January 1, 2019 Complete this question by entering your answers in the tabs below. Req A Rea and C Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, epense, 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 balancees with a minus sign. there is no effect on the Accountts Tidles for Retained Earmings, leave the cell blank.) BETTER CORPORATION Accounting Equation for 201 Event Liabisties Notes Payable 12 500 Stockholders' Equity Retained Earnings 20.000 Assets Accounts Tites for Retained Eanings Common Stock Cash Land Baance 11201 15.000 25000 7,500 1 + + 3. 4. + 7 Totas 15000 12 500 7 500 25,000 20 000 RA Reg B and C HEWLETT-PACKARD At the beginning of 2018, Better Corp's accounting records had the following general ledger accounts and balances BETTER CORP Accounting Equation Accounting Titles for Retained Earnings Stockholders Equity Retained Earnings Assets Liabilities Notes Payable Event Common Cesh Land Stock Balance 1/1/2018 15,000 25,000 12,500 7,500 20,000 bed Better Corp completed the following transactions during 2018 1, Purchased land for $7,500 cash 2. Acquired $30,000 cash from the issue of common stock 3. Received $69,000 cash for providing services to customers 4. Paid cash operating expenses of $41,500. 5. Borrowed $15,000 cash from the bank 6. Paid e $7,500 cash dividend to the stockholders 7. Determined that the market value df the land purchased in event 1 is $40,000 Required nces a. Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earmings column. Provide the appropriate titles for these accounts in the last column of the table b. As of December 31, 2018, determine the total amount of assets, liabilities, and stockholders' equity and present this information in the form of an accounting equation c. What is the amount of total assets, liabilities, and stockholders' equity as of January 1, 2019 Complete this question by entering your answers in the tabs below. Reg A Reg B and C As of December 31, 2018, determine the total amount of assets, Eabilities, and stockholders' equity and present this information in the form of an accounting equation. What is the amount of total assets, labilities, and stockholders equity as of January 1, 20197 Stockholders Equity Liabilities Assets Reg A Reg t and
