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Use the following to answer questions 33-40 Income Statement Statement of Stockholders' Equity Revenues Expenses: Salaries #33 Common stock Beginning $350,000 $400,000 Issuance #35 Administrative
Use the following to answer questions 33-40 Income Statement Statement of Stockholders' Equity Revenues Expenses: Salaries #33 Common stock Beginning $350,000 $400,000 Issuance #35 Administrative 300,000 Net income Utilities 35.000 Dividends Ending $400,000 #34 Total expenses 735,000 Net income Balance Sheet Retained earnings $400,000 65,000 #36 $450,000 Assets Liabilities Cash $40,000 Accounts payable $30,000 A/R 129,000 Notes payable 250,000 Supplies Prepaid rent #37 10,000 Total liabilities $280,000 Stockholders' Equity Equipment 150,000 Common stock ? Building 800,000 Retained earnings Total stockholders' equity #39 Total assets #38 Total Land SE #40 33. $ Revenue: $ Supplies: 34. S Net Income: $ Total Assets: 35. $ Issuance: $ Stockholders' Equity: 36. $ Dividends: $ Total L & SE: 37. 39. 38. 40
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