On September 1, 2023, Fast Track, Incorporated was started with $30,000 invested by the owners as...

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On September 1, 2023, Fast Track, Incorporated was started with $30,000 invested by the owners as contributed capital. On September 30, 2023, the accounting records contained the following amounts: Accounts payable Accounts receivable Accumulated depreciation Cash Consulting fees revenue Common stock Depreciation expense Required: $ 1,800 2,200 Dividends declared and paid Office equipment 500 10,000 19,200 30,000 Office supplies Office supplies expense Rent expense Telephone expense 500 Wages expense Prepare a balance sheet for Fast Track, Incorporated as of September 30, 2023. Note: Enter negative amounts with a minus sign. Fast Track, Incorporated Balance Sheet September 30, 2023 Assets Accounts receivable Cash $ 2,200 Liabilities and Stockholders' Equity 10,000 Stockholders' equity: Total Assets Common stock $ 1,900 25,000 1,750 30,000 $ 12,200 Total Liabilities and Stockholders' Equity $ 30,000 600 2,400 250 6,900 On September 1, 2023, Fast Track, Incorporated was started with $30,000 invested by the owners as contributed capital. On September 30, 2023, the accounting records contained the following amounts: Accounts payable Accounts receivable Accumulated depreciation Cash Consulting fees revenue Common stock Depreciation expense Required: $ 1,800 2,200 Dividends declared and paid Office equipment 500 10,000 19,200 30,000 Office supplies Office supplies expense Rent expense Telephone expense 500 Wages expense Prepare a balance sheet for Fast Track, Incorporated as of September 30, 2023. Note: Enter negative amounts with a minus sign. Fast Track, Incorporated Balance Sheet September 30, 2023 Assets Accounts receivable Cash $ 2,200 Liabilities and Stockholders' Equity 10,000 Stockholders' equity: Total Assets Common stock $ 1,900 25,000 1,750 30,000 $ 12,200 Total Liabilities and Stockholders' Equity $ 30,000 600 2,400 250 6,900

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