Question: I need help with this problem. I started it but got stuck . Below is the incorrect balance sheet Homework: BA211: Chapter 1 Graded Homework
I need help with this problem. I started it but got stuck

.
Below is the incorrect balance sheet

Homework: BA211: Chapter 1 Graded Homework Assignment Save Score: 0 of 5 pts 2 of 3 (1 complete) HW Score: 32.87%, 4.93 of 15 pts P1-51B (similar to) Question Help The bookkeeper of Lone Star Landscaping prepared the company's balance sheet while the accountant was ill. The balance sheet contains numerous errors. In particular, the bookkeeper knew that the balance sheet should balance, so he plugged in the retained earnings amount needed to achieve this balance. The retained eamings is incorrect. All other amounts are correct, but some are out of place or should not be included in this statement. Prepare a corrected balance sheet. (if a box is not used in the table leave the box empty, do not select a label or enter a zero.) Click the icon to view the incorrect balance sheet.) Assets Liabilities Cash 32001 24200 4800 Accounts Payable 2400 Notes Payable 6100 Total Liabilities 900 34400 Common Stock Accounts Receivable Office Furniture Office Supplies Land 27400 Stockholders' Equity 10000 Total Assets 48600 Total Liabilities and Stockholders' Equity Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Check Answer Data Table Assets Cash Office Supplies Land Salaries Expense Office Furniture Notes Payable Rent Expense Lone Star Landscaping Balance Sheet Month Ended February 28, 2018 Liabilities $ 4,800 Accounts Receivable $ 900 Dividends 34,400 Service Revenue 3,300 Property Tax Expense 6,100 Accounts Payable 24.200 Retained Earnings 200 Stockholders' Equity Common Stock $ 73,900 $ Total Liabilities 2.400 10,000 34.000 3.200 3,200 11,100 10,000 73,900 Total Assets Print Done
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