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The assets and abilities of Global Travel Agency on December 31, 2045, and its revenue and expenses for the year are as follows: Accounts payable
The assets and abilities of Global Travel Agency on December 31, 2045, and its revenue and expenses for the year are as follows: Accounts payable Accounts receivable Cash Common stock Foes earned Land $108,000 Miscellaneous expense 539,000 Rent expense 200,000 Supplies 575,000 Supples expenso 940,000 Us expense 1,500.000 Wages expenso $19,500 56,000 6,000 12,700 34,800 415,000 Common stock was $525,000 and retained oamings was $1,250,000 as of January 1, 20Y5. During the year, additional common stock of $50,000 was issued for cash, and dividends of $90,000 were paid 2. Prepare a statement of stockholders equity for the year ended December 31, 20Y5. Refer to the list of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text andnes. Be sure to complete the statement heading. Wanet loss is incurred or dividends word puid, enter that amount as a negative number using a minus sign. I an amount box does not require an entry leave a blank Score: 5/80 Global Travel Agency Statement of Stockholders' Equity For the Year Ended December 31, 2045 1 Retained Common Stock Total Earnings 1 5 3. Prepare a balance sheet as of December 31, 2015. Refer to the lists of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading Global Travel Agency Score: 12/92 Balance Sheet Label Assets 2 Accounts receivable 5 Cash 4 Liabilities Stockholders' Equity 1 4. What items appears on both the statement of stockholders' equity and the balance sheet? Check all that apply. Accounts receivable Accounts payable Cash Ending common stock Land Retained earnings Supplies
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