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The assets and liabilities of Post Juniper Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that

image text in transcribedimage text in transcribedimage text in transcribedThe assets and liabilities of Post Juniper Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows:

The assets and liabilities of Post Juniper Garden Supply, Inc as of December 31, 2018, and revenues and expenses rthe vear ended on that date are as follows: account totals.) E(Click the icon view Read the requirements, i Data Table Assets Liabilities 111.000 Land Equipment.. . 21,000 11.000 Note payable.. Interest expense.. 99.700 . . . . . Interest payable . 2,600 Properly tax expense 7.200 Accounts payable 20.000 Rent expense 40.800 ... . . . . 84.500 Salary expense 108,800 Accounts receivable .. . . 410.000 Service revenue Building 454.600 Stockholders' Equity 40,000 Supplies.. Cash 6.200 Common stock.. 10.900 Utilities expense . . . . 8,600 Beginning retained earnings was $364,300, and dividends declared and paid totaled $103,000 for the year. Total assets Total liabilities and stockholders' equity Print Done Choose from any list or enter any number in the input fields and then continue to the next question. The assets and liabilities of Post Juniper Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: EEB(Click the icon to view the account totals.) Read the reguirements. Data Table Requirement 3. Prepare the company's balance sheet as of December 31, 2018. Start with the heading and then complete the rest of the statement. (Do not classify the balance sheet into current and lo complete the liabilities and stockholders' equity section of the balance sheet, If a box is not used in the financial statements leave -term Equipment. ... ... . .$ 111,000 Land. 21,000 Interest expense. 11,000 Note payable 99.700 Interest payable 2,600 Property tax expense 7.200 Accounts payable 20,000 Rent expense 40.800 Salary expense 108,800 Accounts receivable 84.500 Assets Liabilities 410.000 Service revenue 454.600 Building Cash 40.000 Supplies. 6.200 10.900 Utilities expense .. Common stock... 8.600 Beginning retained earnings was $364,300, and dividends declared and paid totaled $103,.000 for the year Print Done the next question. Choose from any list or enter any number in the input fields and then continue The assets and liabilities of Post Juniper Garden Supply, Inc., as of December 31, 2018, and revenues and expenses for the year ended on that date are as follows: E(Click the icon to view the account totals.) Read the requirements Data Table Total assets Total liabilities and stockholders' equity $ 111.000 Land. 21,000 Equipment ... . Requirement 4. Analyze Post Juniper Garden Supply, Inc., by answering these questions: 11.000 Note payable Interest expense 99,700 Interest payable. ... a. Was Post Juniper profitable during 2018? y how much? 2.600 Property tax expense 7,200 of S Accounts payable. 20.000 Rent expense... . 40,800 Result of operations: Salary expense. . . . 108.800 Accounts receivable 84.500 b. Did retained eamings increase decrease? By how much? Building 410.000 Service revenue 454.600 .... by $ Retained earnings 40,000 Supplies Cash 6,200 10.900 Utilities expense c. Which is greater, total liabilities Post Juniper's assets: its creditors or i total stockholders' equity? Who has a greater claim Common stpck 8,600 Beginning retained eanings was $364,300, and dividends declared and paid totaled $103,000 for the year by $ own more of exceeds Post Juniper's assets. Print Done Choose from any list or enter any number the input fields and then continue the next

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