Question: TB EX Qu. 1-207 Below are incomplete financial statements... Below are incomplete financial statements for Beasley, Incorporated. Calculate the missing amounts. BEASLEY, INCORPORATED Income

TB EX Qu. 1-207 Below are incomplete financial statements... Below are incomplete

TB EX Qu. 1-207 Below are incomplete financial statements... Below are incomplete financial statements for Beasley, Incorporated. Calculate the missing amounts. BEASLEY, INCORPORATED Income Statement Revenues Expenses: Salaries 9,400 Delivery 8,500 Utilities 1,100 Net income BEASLEY, INCORPORATED Statement of Stockholders' Equity Beginning Issuances Net income Dividends Ending Common Retained Stock Earnings $ 16,300 $ 18,600 6,100 $ 32,800 $ 22,260 BEASLEY, INCORPORATED Balance Sheet Assets: Liabilities: Cash $ 5,600 Accounts payable $ 15,600 Supplies 3,600 Stockholders' Equity: Prepaid rent Common stock Equipment 34,600 Retained earnings Total assets Total liabilities and stockholders' equity

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