How would I prepare this balance sheet? I've included the trial balance and below is the statement of stockholder equity: Common Stock Retained Earnings Total Beginning Balances, September 30 0 0 0 Issued Common Stock 30,000.00 30,000.00 Net Income 32281.67 32,281.67 Dividends (10,000.00) (10,000.00) Ending Balances, December 31: 30,000.00 22,281.67 52,281.67
How would I prepare this balance sheet? I've included the trial balance and below is the statement of stockholder equity: Common Stock Retained Earnings Total Beginning Balances, September 30 0 0 0 Issued Common Stock 30,000.00 30,000.00 Net Income 32281.67 32,281.67 Dividends (10,000.00) (10,000.00) Ending Balances, December 31: 30,000.00 22,281.67 52,281.67
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.7C
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How would I prepare this
Common Stock | Total | ||
Beginning Balances, September 30 | 0 | 0 | 0 |
Issued Common Stock | 30,000.00 | 30,000.00 | |
Net Income | 32281.67 | 32,281.67 | |
Dividends | (10,000.00) | (10,000.00) | |
Ending Balances, December 31: | 30,000.00 | 22,281.67 | 52,281.67 |
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