Question: Need help making a retained earnings statement and a balance sheet? Retained Earnings and balance sheet data: Accounts payable Accounts receivable 194,300 549,000 1,580,000 4,126,000
Retained Earnings and balance sheet data: Accounts payable Accounts receivable 194,300 549,000 1,580,000 4,126,000 8,450 500,000 282,850 2,000,000 Accumulated depreciation-office buildings & equipment Accumulated depreciation-store buildings & equipment Allowance for doubtful accounts Bonds payable, 5%, due in 10 years Cash Common stock $20 par (400,000 shares authorized: Dividends Cash dividends for common stock Cash dividends for preferred stock Goodwill Income tax payable Interest receivable Inventory (ending balance) at LCM Office buildings& equipmen Paid-in capital from sale of treasury stock Excess of issue price over par-common stock Excess of issue price over par preferred stock Preferred 5% stock. S80 par (30,000 shares authorized; 151,120 100,000 700,000 4,000 1,200 778,000 4,320,000 13,000 886,800 150,000 10,000 shares issued 1,600.000 19,000 27.400 Premium on bonds payable Prepaid expenses Retained earnings lanuary 1 (beginning of vean Store buildings & equipment Treasury stock (S.400 shares of common stock at cost of 8197 220 12.560.000 $33 per share 178.200
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