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Use the following to answer questions 28 - 35 TJ Corporation has provided their trial balance at the end of January. Debits Credits Cash $35.000

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Use the following to answer questions 28 - 35 TJ Corporation has provided their trial balance at the end of January. Debits Credits Cash $35.000 Accounts receivable 65,000 Supplies 1,000 Prepaid expenses 6.500 Buildings/Equipment, net 1,158,500 Accounts payable $25,000 Income tax payable 65,000 Utilities payable 1,000 Deferred revenue | 8,000 Notes payable 200,000 Common stock 500,000 Retained Earnings 325,000 Dividends 150,000 Service revenue 852,000 Salaries expense 354,000 Insurance expense 10,000 Advertising expense 125,000 Supplies expense 5,000 Depreciation expense 50,000 Rent expense Utilities expense 4.000 Totals $1.976.000 $1.976.000 Based on the data provided in the trial balance find the following: 28. $ Determine Total expenses. 29. $ _Determine Net income _Determine Beginning Retained Earnings 31. $_ _Determine Ending Retained Earnings Determine Total Stockholders' Equity 32. $ 33. $_ Determine Total Liabilities 34. $_ Determine Total Assets 35. $ At the beginning of January, the company had $400,000 in its common stock account. How much stock was issued during January? Chapter 2 Page 2-4

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