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Wolfpack Construction has the following account balances at the end of the year. Accounts Balances Equipment $25,000 Accounts payable 2,800 Salaries expense 32,000 Common stock
Wolfpack Construction has the following account balances at the end of the year. Accounts Balances Equipment $25,000 Accounts payable 2,800 Salaries expense 32,000 Common stock 12,000 Land 17,000 Notes payable 19,000 Service revenue 38,000 Cash 5,800 Retained earnings ? Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Assets Balance Sheet December 31 Liabilities Total liabilities Stockholders' Equity Total assets Total stockholders' equity Total liabilities and stockholders' equity
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