Question: PLESE FULLY COMPLETE. Please comeplte Liabilities and SH Equity. E ACADEMY e Sheet r 31, 2021 Liabilities Accounts payable Utilities Payable Salaries Payable Notes Payable

E ACADEMY e Sheet r 31, 2021 Liabilities Accounts payable Utilities Payable Salaries Payable Notes Payable 0 Total Liabilities Stockholders' Equity Common Stock Retained Earnings Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 0 $ 0 quity Dance Sheet > Exercise 1-11A Link the statement of stockholders' equity to the balance sheet (L01-3) At the beginning of 2021, Artichoke Academy reported a balance in common stock of $163,000 and a balance in retained earnings of $63,000. During the year, the company issued additional shares of stock for $53,000, earned net income of $43.000, and paid dividends of $11,300. In addition, the company reported balances for the following assets and liabilities on December 31. Assets Liabilities Cash $ 53,900 Accounts payable $13, 100 Supplies 12,200 Utilities payable 5,000 Prepaid rent 30,500 Salaries payable Land 265,000 Notes payable 28,000 4,800 Required
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
