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the bookkeeper of Lone Star Landscaping prepared the company's balance sheet while the accountant was ill. The balance sheet contains numerous errors. In particular, the

the bookkeeper of Lone Star Landscaping prepared the company's balance sheet while the accountant was ill. The balance sheet contains numerous errors. In particular, the bookkeeper knew that the balance sheet should balance, so he plugged in the retained earnings amount needed to achieve this balance. The retained earnings is incorrect. All other amounts are correct, but some are out of place or should not be included in this statement. Prepare a corrected balance sheet. (If a box is not used in the table leave the box empty; do not select a label or enter a zero.)
(Click the icon to view the incorrect balance sheet.)
Data tble
\table[[\table[[Lone Star Landscaping],[q, Balance Sheet],[Month Ended May 31,2024]]],[Assets,Liabilities],[Cash,$,5,000,Accounts Receivable,$,2,100],[Office Supplies,,300,Dividends,,10,000],[Land,,34,500,Service Revenue,,40,000],[Salaries Expense,,3,300,Property Tax Expense,,2,500],[Office Furniture,,6,400,Accounts Payable,,2,800],[Notes Payable,,24,700,Retained Earnings,,1,075],[Rent Expense,,275,Stockholders' Equity],[,,Common Stock,-,16,000],[Total Assets,$,=74,475,Total Liabilities,$,74,47]]
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