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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
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 210,500 and the retained earnings were 57,000 at april 1, the beginning of the current year. During the year, shareholders purchased an additional 24,900 in stock.
youre right. common stock was 120,500. im sorry
Accounts payable $1,900 Miscellaneous expense $1,000 Accounts receivable 10,040 Office expense 1,230 Cash 19,730 Supplies 1,670 Fees earned 71,500 Wages expense 22,500 Land 46,600 Dividends 16,130 Building 156,900 Prepare a balance sheet for the current year ended March 31. Thompson's Computer Services Balance Sheet March 31 Assets Total assets Q1100) Q 100 Liabilities Stockholders' Equity Total liabilities and stockholders' equity Step by Step Solution
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