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Accounting

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To start his own business, Jim Hernandez put $29,200 of his personal cash into the business account. Given the following additional transactions caiculate the ending balance of each of the following accounts after all journal entry amounts are posted: Cash, Deferred Reverue, Service Revenue, Wages Expense, and Wages Payable On December 31, King Company had the following list of account balances. Required: Prepare a baiarice shett, on December 31. Hint; You will need to determine the net book value for equipment and bulldings; You will also need to determine ending retained earnings. King Company Balance Sheet December 31 Assets Current Assets: (Choose one) Total Current Assets Property, Plant, and Equipment: (Choose one) Total Property, Plant, and Equipment Total Assets Limbulities Current Labitis: (Choose one) Total Liabilities Stockholders' Equity (Choose one) Total stockholders' tiquity. Total Gabilities and Stockholders' Equity To start his own business, Jim Hernandez put $29,200 of his personal cash into the business account. Given the following additional transactions caiculate the ending balance of each of the following accounts after all journal entry amounts are posted: Cash, Deferred Reverue, Service Revenue, Wages Expense, and Wages Payable On December 31, King Company had the following list of account balances. Required: Prepare a baiarice shett, on December 31. Hint; You will need to determine the net book value for equipment and bulldings; You will also need to determine ending retained earnings. King Company Balance Sheet December 31 Assets Current Assets: (Choose one) Total Current Assets Property, Plant, and Equipment: (Choose one) Total Property, Plant, and Equipment Total Assets Limbulities Current Labitis: (Choose one) Total Liabilities Stockholders' Equity (Choose one) Total stockholders' tiquity. Total Gabilities and Stockholders' Equity

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