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This is the following information for Dariko Co. for the year ended December 31,20X0. There were 100 shares of common stock issued on April
This is the following information for Dariko Co. for the year ended December 31,20X0. There were 100 shares of common stock issued on April 1, 20X0 and a dividend of $20,000 was paid on November 30, 20X0. Beginning Common Stock was $9,000 and beginning Retained Earnings was $87,000. Prepare the Financial Statements Advertising Expense Cash Common Stock (1,000 shares) Cost of Sales Inventory Note Payable, Long-term Interest Expense Accounts Payable $ 2,000 57,000 10,000 35,000 34,000 20,000 4,000 8,000 Rent Expense Retained Earnings Sales Tax Expense Utilities Expense Wage Expense Land Wages Payable 12,000 40,000 82,000 85,000 5,000 1,000 11,000 30,000 1,000
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