Question
The assets and liabilities of Skittles Company at March 31, the end of the current year, and its revenue and expenses for the year are
The assets and liabilities of Skittles Company at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $119,500 and the retained earnings was $56,500 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $24,800 in stock. Use this information the answer the questions that follow. Accounts payable $ 1,800 Miscellaneous expense $ 1,020 Accounts receivable 10,600 Office expense 1,260 Cash 18,430 Supplies 1,670 Fees earned 71,570 Wages expense 22,450 Land 46,300 Dividends Building 156,900 Prepare a balance sheet for the current year ended March 31. Skittles Company [Select] Balance Sheet Assets 15,540 "repare a balance sheet for the current year ended March 31. Skittles Company [Select] [Select] [Select] [Select] [Select] Balance Sheet [Select] > Assets $ [Select] [Select] [Select] [Select] [Select] [Select] $ [Select] Total Liabilities [Select] $ [Select] Stockholders' Equity [Select] [Select] [Select] [Select] [Select] [Select] >
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