TB EX Qu. 1-207 Below are incomplete financial statements... Below are incomplete financial statements for...
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Accounting
TB EX Qu. 1-207 Below are incomplete financial statements... Below are incomplete financial statements for Beasley, Incorporated. Calculate the missing amounts. BEASLEY, INCORPORATED Income Statement Revenues Expenses Salaries 4,600 Delivery 7,300 Utities 5,000 Net income BEASLEY, INCORPORATED Statement of Stockholders' Equity Common Stock Retained Earnings BEASLEY, INCORPORATED Statement of Stockholders' Equity Common Stock Retained Earnings Beginning Issuances Net income $ 19.900 $ 17,000 7,000 Dividends Ending $ 33,400 $ 21.200 BEASLEY, INCORPORATED Balance Sheet Assets: Liabilities: Cash $ 12,700 Accounts payable $ 17,100 Supplies 4,300 Stockholders' Equity Prepaid rent Equipment Total assets Common stock 22,200 Retained eamings Total liabilities and stockholders' equity
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