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The assets and liabilities of Adventure Travel Agency on December 31, 20Y5, and its revenue and expenses for the year are as follows: Accounts payable

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The assets and liabilities of Adventure Travel Agency on December 31, 20Y5, and its revenue and expenses for the year are as follows: Accounts payable $52,000 Miscellaneous expense $22,100 Accounts receivable 310,400 Rent expense 75,000 Cash 198,600 Supplies 6.000 Common stock. 325,000 Supplies expense 15,300 Fees earned 1,400,000 Uslities expense 40,000 Land 1,350,000 Wages expense 870,000 Common stock was $250,000 and retained earnings was $1,160,400 as of January 1, 20Y5. During the year, additional common stock of $75,000 was issued for cash, and dividends of $50,000 were paid AS d. Income Statement 1. Prepare an income statement for the year ended December 31, 20Y5. Income Statement Instructions Adventure Travel Agency Income Statement (Label) 1 2 (Label) 3 4 5 6 7 8 9 1 2 3 4 5 Statement of Stockholders' Equity (Label) Common Stock Retained Earnings Total issued for Balance Sheet 3. Prepare a balance sheet as of December 31, 2015. Balance Sheet Instructions 1 2 3 4 5 7 Assets Liabilities Adventure Travel Agency. Balance Sheet (Label) Final Question 4. What items appear 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 D 00000

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