The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $120,000 and the retained earnings were $55,800 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $24,500 in stock. Accounts payable $1,880 10,030 Miscellaneous expense $1,020 Accounts receivable Office expense 1,200 Cash 18,930 Supplies 1,670 Fees earned 71,610 Wages expense 23,000 Land 45,400 Dividends 16,040 Building 156,500 Prepare a balance sheet for the current year ended March 31. Thompson's Computer Services Balance Sheet March 31 Assets Total assets Liabilities Previous Next