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Required information [The following information applies to the questions displayed below.) The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented
Required information [The following information applies to the questions displayed below.) The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash $ 11,100 Accounts Receivable 141,000 Prepaid Rent 5,100 Supplies 25.500 Equipment 310,000 Accumulated $ 126,000 Depreciation Accounts Payable 11,100 Salaries Payable 10,100 Interest Payable 4,100 Notes Payable (due in 31,000 two years) Common Stock 210,000 Retained Earnings 51,000 Service Revenue 410,000 Salaries Expense 310,000 Rent Expense 15,500 Depreciation Expense 31,000 Interest Expense 4,100 Totals $853,300 $853,300 2. Prepare a statement of stockholders' equity for the year ended December 31, 2018, assuming no common stock was issued during 2018 FIGHTIN' BLUE HENS CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2018 Common Stock Retained Earnings Total Stockholders Equity Balance at January 1 Less: Dividends Balance at December 31
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