CashSuppliesPrepaid insuranceEquipmentTotal assetsAccounts payableUnearned consulting revenueTotal liabilitiesCommon stockRetained earningsFastForwardBalance SheetDecember 31, 2021AssetsTotal equityTotal liabilities and equityLiabilitiesEquityThe balance in retained earnings comes from the:< St Retained Earn4444$$$SA$4,3509,7202,40026,00042,4706,2003,0009,20030,0003,27033,27042,470Income StatementStatement of Retained Earnings

Name: CashSuppliesPrepaid insuranceEquipmentTotal assetsAccounts payableUne
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Description: CashSuppliesPrepaid insuranceEquipmentTotal assetsAccounts payableUnearned consulting revenueTotal liabilitiesCommon stockRetained earningsFastForwardBalance SheetDecember 31, 2021AssetsTotal equityTotal liabilities and equityLiabilitiesEquityThe ba

Retained earning: It is the remaining amount of profit that a company has after paying all its…

Business

Accounting

Cash Supplies Prepaid insurance Equipment Total assets Accounts payable Unearned consulting revenue Total liabilities FastForward Balance Sheet December 31, 2021 Assets Common stock Retained earnings Total equity Total liabilities and equity Liabilities Equity The balance in retained earnings comes from the: < St Retained Earn EA $ $ $ 4,350 9,720 2,400 26,000 42,470 6,200 3,000 9,200 30,000 3,270 33,270 42,470 Income Statement Statement of Retained Earnings

Cash Supplies Prepaid insurance Equipment Total assets Accounts payable Unearned consulting revenue Total liabilities FastForward Balance Sheet December 31, 2021 Assets Common stock Retained earnings Total equity Total liabilities and equity Liabilities Equity The balance in retained earnings comes from the: < St Retained Earn EA $ $ $ 4,350 9,720 2,400 26,000 42,470 6,200 3,000 9,200 30,000 3,270 33,270 42,470 Income Statement Statement of Retained Earnings

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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