Req A

Req B1

Req B2

Req B3

Req B4

Req C

4 Dakota Company experienced the following events during 2018 1. Acquired $25,000 cesh from the issue of common stock 2 Paid $25,000 cash to purchase land. 3. Borrowed $10,000 cash 4. Provided services for $36,000 cash 5. Paid $1,000 cash for utilities expense. 6. Paid $28,000 cash for other operating expenses 7. Paid a $2,000 cash dividend to the stockholders 8. Determined that the market vealue of the land purchased in Event 2 is now $27,500 nts S0030.09 eBook Required Hint a. The January 1, 2018, general ledger account balances are shown in the following accounting equation. Record the eight events 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. The first event is shown as an example b-1. Prepare an income statement for the 2018 accounting period b-2 Prepare a statement of changes in equity for the 2018 accounting period b-3. Prepare a year-end balance sheet for the 2018 accounting period b4. Prepare a statement of cash flows for the 2018 accounting period c. Determine the percentage of assets that were provided by retained earnings. Can you determine the cash in retained earnings? Print wferences Complete this question by entering your answers in the tabs below. Req A Reg B1 Rea 83 Req C Req 82 Req 84 The January 1, 2018, general ledger account balances are shown in the following accounting equation. Record the eight events in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. The first event is shown as an example. (Enter any decreases to account balances with a minus sign. Select "NA" if there is no effect on the "Account Titles for Retained Eamings".) Show less DAKOTA COMPANY Accounting Equation for 2018 Liabilities Stockholders Equity Assets Account Titles for Retained Earnings Event Notes Payable Common Stock Retained Earnings Cash Land Bal 1/1/2018 5.500 20000 10.000 15 500 25.000 25.000 NA 2. 3 5. 6 7 Totals 30.500 20,000 35.000 15.500 Req B1 Dakota Company experienced the following events during 2018 1. Acquired $25,000 cash from the issue of common stock 2. Paid $25,000 cash to purchase land. 3. Borrowed $10,000 cash. 4. Provided services for $36,000 cash. 5. Paid $1,000 cash for utilities expense. 6. Paid $28,000 cash for other operating expenses. 7. Paid a $2,000 cash dividend to the stockholders. 8. Determined that the market value of the land purchased in Event 2 is now $27,500. 2930 ok Required a. The January 1,2018, general ledger account balances are shown in the following accourting equation. Record the eight events in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. The first event is shown as an example b-1. Prepare an income statement for the 2018 accounting period b-2. Prepare a statement of changes in equity for the 2018 accounting period. b-3. Prepare a year-end balance sheet for the 2018 accounting period b-4. Prepare a statement of cash flows for the 2018 accounting perlod. c. Determine the percentage of assets that were provided by retained earnings. Can you determine the cash in retained earnings? mces Complete this question by entering your answers in the tabs below. Reg A Req 81 Req 82 Req 83 Req B4 Req C Prepare an income statement for the 2018 accounting period. DAKOTA COMPANY Income Statement For the Year Ended December 31, 2018 Req A Reg 82 Dakota Company experienced the following events during 2018: 1. Acquired $25,000 cash from the issue of common stock 2. Paid $25,000 cash to purchase land 3. Borrowed $10,000 cash. 4. Provided services for $36,000 cash. 5. Paid $1,000 cash for utilities expense 6. Paid $28,000 cash for other operating expenses. 7. Paid a $2,000 cash dividend to the stockholders. 8. Determined that the market value of the land purchased in Event 2 is now $27,500. 2s27 Required a. The January 1, 2018, general ledger account balances are shown in the following accounting equation. Record the eight events in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. The first event is shown as an example. b-1. Prepare an income statement for the 2018 accounting period b-2. Prepare a statement of changes in equity for the 2018 accounting period b-3. Prepare a year-end balance sheet for the 2018 accounting period b-4. Prepare a statement of cash flows for the 2018 accounting period. c. Determine the percentage of assets that were provided by retained earnings. Can you determine the cash in retained earnings? es Complete this question by entering your answers in the tabs below. Req 81 Req A Req B2 Req B3 Req 84 Req C Prepare a statement of changes in equity for the 2018 accounting period. DAKOTA COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, 2018 Beginning common stock Ending common stock 0 Beginning retained earnings Ending retained eanings Total stockholders' equity 0 Req B1 Req B3 4 Dakota Company experienced the following events during 2018 1. Acquired $25,000 cash from the issue of common stock 2 Paid $25,000 cash to purchase land. 3. Borrowed $10,000 cash. 4. Provided services for $36,000 cash. 5. Paid $1,000 cash for utilities expense. 6. Paid $28,000 cash for other operating expenses. 7. Paid a $2,000 cash dividend to the stockholders 8. Determined that the market value of the land purchased in Event 2 is now $27,500 te 00 28 40 Book Required Hint a. The January 1, 2018, general ledger account balances are shown in the following accounting equation. Record the eight events 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 teble. The first event is shown as an example b-1. Prepare an income statement for the 2018 accounting period b-2 Prepare a statement of changes in equity for the 2018 accounting period b-3. Prepare a year-end balance sheet for the 2018 accounting period b-4. Prepare a statement of cash flows for the 2018 accounting period. c. Determine the percentage of assets that were provided by retained earnings. Can you determine the cash in retained earnings Print 0 erences Complete this question by entering your answers in the tabs below. Reg A Req 81 Req 82 Reg 83 Req B4 Req C Prepare a year-end balance sheet for the 2018 accounting period. DAKOTA COMPANY Balance Sheet As of December 31, 2018 Assets Total assets Liabilities Total labilites Stockholders' Equity Total stockholders equity 0 Total labilities and stockholders equity Req B2 Req B4 4 Dakota Company experienced the following events during 2018 1. Acquired $25,000 cash from the issue of common stock 2 Paid $25,000 cash to purchase land 3. Borrowed $10,000 cash. 4. Provided services for $36,000 cash. 5. Paid $1,000 cash for utilities expense. 6. Paid $28,000 cash for other operating expenses 7. Paid a $2,000 cash dividend to the stockholders 8. Determined that the market value of the land purchased in Event 2 is now $27,500 pints 0027-23 Book Required a. The January 1, 2018, general ledger account balances are shown in the following accounting equation. Record the eight events in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. The first event is shown as an example b-1. Prepare an income statement for the 2018 accounting period b-2. Prepare a statement of changes in equity for the 2018 accounting period b-3. Prepare a year-end balance sheet for the 2018 accounting period b-4. Prepare a statement of cash flows for the 2018 accounting period c. Determine the percentage of assets that were provided by retained eamings. Can you determine the cash in retained eamings? Hirs Print References Complete this question by entering your answers in the tabs below. Req A Req 81 Req 82 Req 83 Rag 84 Reg C Prepare a statement of cash flows for the 2018 accounting period. (Amounts to be deducted should be indicated with a minus sign.) DAKOTA OANY Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows trom operating activilies Net cash fow trom operating activities Cash flows from investing activibes Net cash fow from investing activites Cash fows trom financing activities Net cash fow trom financing activites Ending cash balance