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The account balances of Paradise Travel Service for the year ended May 3 1 , 2 0 Y 6 , follow: Fees earned $ 9
The account balances of Paradise Travel Service for the year ended May Y follow: Fees earned $ Office expense Miscellaneous expense Wages expense Accounts payable Accounts receivable Cash Common Stock Land Supplies $ of dividends were paid during the year. Retained earnings as of June Y were $ Prepare a balance sheet as of May Y When entering assets, enter them in order of liquidity. Paradise Travel Service Balance Sheet May Y Assets $ Select Select Select Select Total assets $fill in the blank Liabilities $ Select Stockholders' Equity $ Select Select Total stockholders' equity fill in the blank Total liabilities and stockholders' equity $fill in the blank
The account balances of Paradise Travel Service for the year ended May Y follow:
Fees earned $
Office expense
Miscellaneous expense
Wages expense
Accounts payable
Accounts receivable
Cash
Common Stock
Land
Supplies
$ of dividends were paid during the year. Retained earnings as of June Y were $
Prepare a balance sheet as of May Y When entering assets, enter them in order of liquidity.
Paradise Travel Service
Balance Sheet
May Y
Assets
$ Select
Select
Select
Select
Total assets $fill in the blank
Liabilities
$ Select
Stockholders' Equity
$ Select
Select
Total stockholders' equity fill in the blank
Total liabilities and stockholders' equity $fill in the blank
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