Question: Below are incomplete financial statements Required: Calculate the missingamounts. Income Statement Statement of Stockholders' Equity Common Retained StockEamings S15,000 $8,000 Revenues Expenses Beginning Salaries Rent
Below are incomplete financial statements
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Required:
Calculate the missingamounts.
Income Statement Statement of Stockholders' Equity Common Retained StockEamings S15,000 $8,000 Revenues Expenses Beginning Salaries Rent Advertising S11,000 5,000 ssuances Net income Dividends 3.000 Net income Ending $18.000 S9.000 Balance Sheet Assets Liabilities 6,000 S5,000 Cash Supplies Accounts payable Stockholders Equity: 7,000 14,000 an Common Stock Buildings Retained Eamings Total liabilities and stockholders' equity Total assets
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