Question: Course Code ACT 501 Course Title Financial and Managerial Accounting Complete the financial statements that follow by determining the amounts that correspond to the letters.

Course Code ACT 501
Course Title Financial and Managerial Accounting

Complete the financial statements that follow by determining the amounts that correspond to the letters.

Financial Statements:

Income Statement
Items $
Revenue 14100
Expenses .............. (A)
Net Income 5000
Statement of Retained Earnings
Beginning Balance 29000
Net Income ............ (B)
Less Dividends 6000
Ending Balance ............. (C)
Balance Sheet
Total Assets .............. (D)
Total Liabilities 16000
Stockholders' Equity 150000
Common Stock 122000
Retained Earnings ............. (E)
Total Liabilities and Stockholders' equity 166,000

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