subject
Business, 17.02.2020 23:44 jeanieb

The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below.

Accounts Debit Credit
Cash $11,300
Accounts Receivable 143,000
Prepaid Rent 5,300
Supplies 26,500
Equipment 330,000
Accumulated Depreciation $128,000
Accounts Payable 11,300
Salaries Payable 10,300
Interest Payable 4,300
Notes Payable (due in two years) 33,000
Common Stock 230,000
Retained Earnings 53,000
Service Revenue 430,000
Salaries Expense 330,000
Rent Expense 16,500
Depreciation Expense 33,000
Interest Expense 4,300

Totals $899,900 $899,900

a. Prepare a statment of stockholder equity for the year ends Desember 31, 2018, assuming no common stock was issued during 2018.
b. Prepare a classified blance sheet as of December 31, 2018.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 13:50
Recently, algonquin books partnered with barnes & noble to offer a unique if you purchase one of 12 paperback books published by algonquin, you can choose one of 12 e-books for $3 (a much lower price than a regular e-book). the goal is to increase traffic in bookstores.
Answers: 3
question
Business, 23.06.2019 17:30
Aiden is 19 years old, unmarried, and was a first-year full-time student working on a degree in accounting during 2018. he has never had a felony drug conviction. aiden did not provide more than half of his own support and can be claimed as a dependent by his mother. aiden’s income was $4,000 in wages working as a part-time cook at a fast food restaurant. aiden received form 1098-t indicating $5,000 for payments received for qualified tuition and related expenses in box 1. he received $8,500 in scholarships and grants, which was reported in box 5. aiden’s scholarship was used to pay for room and board, tuition, and books. the cost of his books was $845. aiden is a u.s. citizen with a valid social security number. 1. which of the following statements is true? a. the portion of the scholarship that was not used for qualified educational expenses must be included in aiden's income. b. the amount spent on books is not a qualified education expense. c. the taxable portion of the scholarship must be reported on aiden's mother’s return. d. none of aiden's scholarship is taxable.
Answers: 3
question
Business, 24.06.2019 01:30
Is defined as a "flaw or weakness in system security procedures, design, implementation, or internal controls that could be exercised (accidentally triggered or intentionally exploited) and result in a security breach or violation of the system's security policy."?
Answers: 1
question
Business, 24.06.2019 02:00
During global culture training for a group of employees who are being transferred to egypt, sam, the hr training manager, remarked that "in the arab world, men have long handshakes and they hold hands and kiss cheeks, which is meant to express "
Answers: 1
You know the right answer?
The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below....
Questions
question
English, 22.04.2021 16:30