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500 Use the following to answer questions 23-28 On-the-Go Foods provides food delivery services to...

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Accounting

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500 Use the following to answer questions 23-28 On-the-Go Foods provides food delivery services to construction sites. At the end of the year, the company reports the following amounts: Note payable $250,000 Salaries payable $14,200 Paper supplies Garage/Office 1,015,300 Paper supplies used 4,500 Service revenue 1,250,000 130,000 Salaries expense 365,000 Food expense 784,300 Food trucks 300,000 Accounts payable 49,000 Maintenance expense 38,600 In addition, the company had common stock of $500,000 at the beginning of the year and issued an additional $100,000 of stock during the year. The company also had retained earnings of $475,000 at the beginning of the year and did not declare any dividends during the year Cash 23. $ Determine Net Income 24.5 25. S. Determine ending Common Stock Determine ending Retained Earnings Determine Total Assets 26.$ 275 Determine Total Liabilities 28 $ Determined Total Stockholders' Equity

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