BAC 131-70 dunyo VOZU Homework: Chapter 1 Exercises Save Score: 0 of 1 pt 10 of 15 (12 complete) HW Score: 71.44%, 10.72 of 15 pts X S1-14 (similar to) Question Help Beautiful Arrangements has just completed operations for the year ended December 31, 2018. This is the third year of operations for the company. The following data have been assembled for the business Click the loon to view the embed data of Batu Arangements) (Click the icon to view the income statement.) (Click on the loon to view the statement of retained earnings) Prepare the balance sheet of Beautiful Arrangements as of December 31, 2018. ( a box is not used in the table leave the box orrply, do not select a label or enter a zero) . 3 5300 Assets Cash Accounts Receivable Equipment December 31, 2018 Lisbilities 4.700 Accounts Payable 3,000 25,700 Stockholders' Equity Common Stod Retained Earrings Total Stockhors' Equity Choose from any ist or enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer 1029 ( 1 Data Table as ter a z ml $ $ 43,000 Insurance Expense Service Revenue 6,500 80,000 A 700 Utilities Expense Rent Expense Common Stock Salaries Expense Accounts Payable Office Supplies Dividends Accounts Receivable Equipment 5,300 2,400 4,300 3,000 7,000 7,000 4,700 5,000 Cash 25,700 R Retained Earnings, January 1, 2018 To Print Done Beautiful Arrangements Income Statement Year Ended December 31, 2018 pr a zero. Revenues: Service Revenue $ 80,000 $ 43,000 7,000 Expenses: Salaries Expense Rent Expense Insurance Expense Utilities Expense Total Expenses 6,500 700 57,200 $ 22,800 Matinan Tan Reference -X - on el or entera us 31, Beautiful Arrangements Statement of Retained Earnings Year Ended December 31, 2018 Retained Earnings, January 1, 2018 unts $ 5,000 22,800 Net income for the year mon 27,800 (4,300) Dividends ined $ 23,500 Retained Earnings, December 31, 2018 Stod Print Done Ids atu o CHICK TO HOVO