At the end of 2018, Practice Corporation reports the following amounts Cash Equipment Accounts payable Interest...
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At the end of 2018, Practice Corporation reports the following amounts Cash Equipment Accounts payable Interest expense Delivery expense Salarios expense 1,200 26,000 Net income Ending common stock Ending retained earning Ending stockholders' equity Total asset Total liabilities 3,800 2,800 2,000 40,000 Service revenue Supplies expense Buildings Rent expense Supplies Salaries payable 64,700 4,900 31,000 10,000 2,800 700 In addition, the company had common stock of $34,000 at the beginning of the year and issued an additional $3,400 during the year. The company also had retained earnings of $17,100 at the beginning of the year and paid $3,000 dividend during the year Required. Prepare income statement, statement of stockholders' equity and balance shoot and answer the following fill-in the blanks At the end of 2018, Practice Corporation reports the following amounts Cash Equipment Accounts payable Interest expense Delivery expense Salarios expense 1,200 26,000 Net income Ending common stock Ending retained earning Ending stockholders' equity Total asset Total liabilities 3,800 2,800 2,000 40,000 Service revenue Supplies expense Buildings Rent expense Supplies Salaries payable 64,700 4,900 31,000 10,000 2,800 700 In addition, the company had common stock of $34,000 at the beginning of the year and issued an additional $3,400 during the year. The company also had retained earnings of $17,100 at the beginning of the year and paid $3,000 dividend during the year Required. Prepare income statement, statement of stockholders' equity and balance shoot and answer the following fill-in the blanks
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Related Book For
Interpreting and Analyzing Financial Statements
ISBN: 978-0132746243
6th edition
Authors: Karen P. Schoenebeck, Mark P. Holtzman
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