Below are incomplete financial statements for Beasley, Incorporated. Calculate the missing amounts. BEASLEY, INCORPORATED Income Statement...
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Below are incomplete financial statements for Beasley, Incorporated. Calculate the missing amounts. BEASLEY, INCORPORATED Income Statement Revenues Expenses: 9,600 7,000 7,o Salaries Delivery Utilities Net income BEASLEY, INCORPORATED Statement of Stockholders' Equity Retained Common Stock Earnings Beginning 2$ 22,700 $ 15,600 Issuances Net income 5,100 Dividends Ending $4 33,300 18,660 %24 BEASLEY, INCORPORATED Balance Sheet Assets: Liabilities: Cash 14,200 Accounts payable 18,000 Supplies 6,000 Stockholders' Equity: Prepaid rent Common stock Equipment 31,900 Retained earnings Total assets Total liabilities and stockholders' equity Below are incomplete financial statements for Beasley, Incorporated. Calculate the missing amounts. BEASLEY, INCORPORATED Income Statement Revenues Expenses: 9,600 7,000 7,o Salaries Delivery Utilities Net income BEASLEY, INCORPORATED Statement of Stockholders' Equity Retained Common Stock Earnings Beginning 2$ 22,700 $ 15,600 Issuances Net income 5,100 Dividends Ending $4 33,300 18,660 %24 BEASLEY, INCORPORATED Balance Sheet Assets: Liabilities: Cash 14,200 Accounts payable 18,000 Supplies 6,000 Stockholders' Equity: Prepaid rent Common stock Equipment 31,900 Retained earnings Total assets Total liabilities and stockholders' equity
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Answer rating: 100% (QA)
Net Income As per Statement of Equity A 5100 Total Expense... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
Posted Date:
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