Wylie Company December 31, 2018 Assets Liabilities Cash $ 8.200 Accounts Payable Notes Payable 4.500 Accounts Receivable 14,500 Total Liabilities 12.200 Equipment 15,000 Office Supplies 4,500 Stockholders 'Equity Common Stock 9,000 Retained Earnings 16,500 Total Stockholders Equity 25,500 Total Assets $ 42 200 Total Liabilities and Stockholders' Equity a. What do we call the financial statement above? (3 marks) b. How much is allocated to long - term debt owed by the Wylie Company om December 31, 2018? (3 marks) c. If the net income for Wylie Co. At the end of the year totaled $ 5,000 on and $ 4,000 was paid out in dividends to their stockholders, what did the Retained Earnings amount to on January 1st, 2018? (4 marks) d How much is owed by the Wylie Company's customers? (3 marks) e. What is the total for Current Assets? (3 marks) Total = 16 marks $ 42.200

QUESTION 17 Wylie Company December 31, 2018 Assets Liabilities Cash $8.200 Accounts Payable $12.200 Notes Payable 4.500 Accounts Receivable 14.500 Total Liabilities 12.200 Equipment 15,000 Office Supplies 4,500 Stockholders' Equity Common Stock 9,000 Retained Earnings 16,500 Total Stockholders' Equity 25.500 Total Assets $42.200 Total Liabilities and Stockholders' Equity $42.200 a. What do we call the financial statement above? (3 marks) b. How much is allocated to long-term debt owed by the Wylie Company om December 31, 2018? (3 marks) c. If the net income for Wylie Co. at the end of the year totaled $5,000 on and $4,000 was paid out in dividends to their stockholders, what did the Retained Earnings amount to on January 1st, 2018?(4 marks) d. How much is owed by the Wylie Company's customers? (3 marks) e. What is the total for Current Assets? (3 marks) Total = 16 marks Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Windo