Complete the question marks A partially completed comparative balance sheet appears as follows: Beginning of Year End

 Complete the question marks

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A partially completed comparative balance sheet appears as follows: Beginning of Year End of Year $ 155,000 $ 160,000 25,000 76,000 0 0 32,000 20,000 80,000 (12,000) $300,000 Cash Accounts receivable Party supplies inventory Other current assets Loan to Ned Flanders (shareholder) Furniture and equipment Accumulated depreciation Total Accounts payable Other current liabilities Loan from Homer Simpson (shareholder) Note payable for equipment (long-term) Common stock Previously taxed income Accumulated adjustments account Other adjustments account Total liabilities/shareholders' equity $ 18,000 27,000 20,000 50,000 150,000 -0- 30,000 5,000 $300,000 33,000 15,000 100,000 (34,000) $350,000 $ 25,000 35,000 18,000 37,000 150,000 ? ? ? $350,000 }; called "retained earnings" in financial acctg A partially completed comparative balance sheet appears as follows: Beginning of Year End of Year $ 155,000 $ 160,000 25,000 76,000 0 0 32,000 20,000 80,000 (12,000) $300,000 Cash Accounts receivable Party supplies inventory Other current assets Loan to Ned Flanders (shareholder) Furniture and equipment Accumulated depreciation Total Accounts payable Other current liabilities Loan from Homer Simpson (shareholder) Note payable for equipment (long-term) Common stock Previously taxed income Accumulated adjustments account Other adjustments account Total liabilities/shareholders' equity $ 18,000 27,000 20,000 50,000 150,000 -0- 30,000 5,000 $300,000 33,000 15,000 100,000 (34,000) $350,000 $ 25,000 35,000 18,000 37,000 150,000 ? ? ? $350,000 }; called "retained earnings" in financial acctg

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