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Simplex Corporation provides the following information at the end of 2024. Salaries payable to workers at the end of the year $1,600 Advertising expense for
Simplex Corporation provides the following information at the end of 2024. Salaries payable to workers at the end of the year $1,600 Advertising expense for the year 8,700 Building that has been purchased 63,000 Supplies at the end of the year 2,900 Retained earnings 33,800 Utilities expense for the year 4,300 Note payable to the bank 16,500 Service revenue performed during the year 60,900 Salary expense for the year 25,000 Accounts payable to suppliers 6,000 Dividends paid to shareholders during the year (?) Common stock that has been issued, including $4,000 that was issued this year 23,000 Cash remaining 3,500 Interest expense for the year 1,250 Accounts receivable from customers 11,500 Retained earnings at the beginning of the year 21,450 Required: Prepare the statement of stockholders' equity for the year ended December 31, 2024.
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