X what is stockholders equity - Bin X+ ckboard Learn tom/webapps/ubsh-Iti-integration-BBLEARN//app/content/launchHandler?course id-132178 18content uS Powered by Bb eCampusS ePortfolios Community Content Collection ts HW Assignment 3 Menu Analysis of the lmpact of Adjustments on Financial Statements At the end of the first month of operations, the Bradley Company's accountant prepared financial statements that showed the following amounts: Assets Liabilities Stockholders' Equity Net Income $60,000 20,000 40,000 9,000 In preparing the statements, the accountant overlooked the following items: $850 a. Depreciation for the month b. Service revenue earned but unbilled at month-end. 1,500 c. Employee wages earned but unpaid at month-end. 375 Determine the correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month. Assets Liabilities Stockholders' Equity Net Income

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I need to find the correct amounts for assets, liabilities, stockholders' equity, and net income.

X what is stockholders equity - Bin X+
ckboard Learn
tom/webapps/ubsh-Iti-integration-BBLEARN//app/content/launchHandler?course id-132178 18content
uS Powered by Bb
eCampusS
ePortfolios Community Content Collection
ts HW Assignment 3
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Analysis of the lmpact of Adjustments on Financial Statements At the end
of the first month of operations, the Bradley Company's accountant prepared
financial statements that showed the following amounts:
Assets
Liabilities
Stockholders' Equity
Net Income
$60,000
20,000
40,000
9,000
In preparing the statements, the accountant overlooked the following items:
$850
a. Depreciation for the month
b. Service revenue earned but unbilled at month-end. 1,500
c. Employee wages earned but unpaid at month-end. 375
Determine the correct amounts of assets, liabilities and stockholders' equity at
month-end and net income for the month.
Assets
Liabilities
Stockholders' Equity
Net Income
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Transcribed Image Text

X what is stockholders equity - Bin X+ ckboard Learn tom/webapps/ubsh-Iti-integration-BBLEARN//app/content/launchHandler?course id-132178 18content uS Powered by Bb eCampusS ePortfolios Community Content Collection ts HW Assignment 3 Menu Analysis of the lmpact of Adjustments on Financial Statements At the end of the first month of operations, the Bradley Company's accountant prepared financial statements that showed the following amounts: Assets Liabilities Stockholders' Equity Net Income $60,000 20,000 40,000 9,000 In preparing the statements, the accountant overlooked the following items: $850 a. Depreciation for the month b. Service revenue earned but unbilled at month-end. 1,500 c. Employee wages earned but unpaid at month-end. 375 Determine the correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month. Assets Liabilities Stockholders' Equity Net Income