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The balance sheet items of Kiner Company as of December 31, current year, follow in random order. $100,000 office equipment Land Accounts payable Accounts receivable
The balance sheet items of Kiner Company as of December 31, current year, follow in random order. $100,000 office equipment Land Accounts payable Accounts receivable Cash 40,000 Building 50,000 Capital stock 40,000 Notes payable $ 15,000 230,000 75,000 220,000 Retained earnings a. Compute the amount for Retained earnings b. Prepare a balance sheet for the company Complete this question by entering your answers in the tabs below Required A Required B Compute the amount for Retained earnings Retained earnings Complete this question by entering your answers in the tabs below. Required A Required B Prepare a balance sheet for the company. KINER COMPANY Balance Sheet December 31, Current Year Assets Liabilities & Owners' Equity Liabilities Total liabilities Owners' equity: Total Total
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