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The financial statements of Hillcrest Employment Services, Inc., reported the following accounts: (Click the icon to view the accounts.) Prepare the stockholders' equity section of
The financial statements of Hillcrest Employment Services, Inc., reported the following accounts: (Click the icon to view the accounts.) Prepare the stockholders' equity section of Hillcrest's balance sheet. Net income has already been closed to Retained Earnings. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet. Use parentheses or a minus sign for numbers to be subtracted.) Data Table Balance Sheet (Partial) Stockholders' Equity: Paid-in capital in excess of par ......... $ 350,000 Total revenues ..........$ 1,620,000 Notes Payable (short-term)... 58,000 Accounts payable ........ 200,000 Total paid-in capital Common stock, $0.01 par Retained earnings ....... 668,000 200,000 shares issued 2,000 Other current liabilities ... 320,000 Long-term debt. . . . . . . . . . . . . . . . . . . .... 30,000 Total expenses ........... 980,000 Total stockholders' equity $ par, O shares ITII . . . . . . . . . . . . . Print Print Done Done
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