Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021) Common Stock Dividends Equipment Income Tax Expense Interest Expense Inventory Notes Payable office Expense Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense Service Revenue Utilities Expensel Salaries and Wages Payable Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 46,000 23,800 90,400 78,000 152,500 0 137,700 10,200 29,600 17,300 25,000 14,400 7,100 6,800 35,800 139,800 25,200 9,000 $ 22,000 24,500 11,100 53,400 84,400 139,000
Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021) Common Stock Dividends Equipment Income Tax Expense Interest Expense Inventory Notes Payable office Expense Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense Service Revenue Utilities Expensel Salaries and Wages Payable Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 46,000 23,800 90,400 78,000 152,500 0 137,700 10,200 29,600 17,300 25,000 14,400 7,100 6,800 35,800 139,800 25,200 9,000 $ 22,000 24,500 11,100 53,400 84,400 139,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Acc
Transcribed Image Text:FLA
R15
C
What amount of tetai assets have bean financed by the creditors and by the stockholders
Praced by Co
Financed by Stockholders
7418001
209.900
Show Transcribed Text
What is the amount of retained earnings as of December 31, 2021?
Retained earnings as of December 31, 2021
Reg 28 >
![Required information.
[The following information applies to the questions displayed below.]
The following information for the year ended December 31, 2021, was reported by Nice Bite, Incorporated
Accounts Payable
Accounts Receivable
Cash (balance on January 1, 2021)
Cash (balance on December 31, 2021)
Common Stock
Dividends
Equipment
Income Tax Expense
Interest Expense
Inventory.
Notes Payable.
office Expense
Prepaid Rent
Retained Earnings (beginning);
Salaries and Wages Expense
Service Revenue
Utilities Expense
Salaries and Wages Payable
Other cash flow information:
Cash from issuing common stock
Cash paid to reacquire common stock
Cash paid for income taxes
Cash paid to purchase long-term assets
Cash paid to suppliers and employees
Cash received from customers
$ 46,000
23,800
90,400
78,000
152,500
0
137,700
10,200
29,600
17,300
25,000
14,400
7,100
6,800
35,800
139,800
25,200
9,000
$ 22,000
24,500
11,100
53,400
84,400
139,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc7fe5a73-45e4-4166-8ba1-50e355550dfc%2F114517ff-36a0-494e-9aec-1d01d00af1cd%2Fv686xvj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information.
[The following information applies to the questions displayed below.]
The following information for the year ended December 31, 2021, was reported by Nice Bite, Incorporated
Accounts Payable
Accounts Receivable
Cash (balance on January 1, 2021)
Cash (balance on December 31, 2021)
Common Stock
Dividends
Equipment
Income Tax Expense
Interest Expense
Inventory.
Notes Payable.
office Expense
Prepaid Rent
Retained Earnings (beginning);
Salaries and Wages Expense
Service Revenue
Utilities Expense
Salaries and Wages Payable
Other cash flow information:
Cash from issuing common stock
Cash paid to reacquire common stock
Cash paid for income taxes
Cash paid to purchase long-term assets
Cash paid to suppliers and employees
Cash received from customers
$ 46,000
23,800
90,400
78,000
152,500
0
137,700
10,200
29,600
17,300
25,000
14,400
7,100
6,800
35,800
139,800
25,200
9,000
$ 22,000
24,500
11,100
53,400
84,400
139,000
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