not use ai please CashSuppliesPrepaid rentLandRequired:$53,10011,400Accounts payable$9,100Utilities payable3,40026,500225,000Salaries payable4,000Notes payable20,0001. Prepare a statement of stockholders' equity.2. Prepare a balance sheet.Complete this question by entering your answers in the tabs below.Stmt ofStockholders Balance SheetEquityPrepare a balance sheet.ELLINGHAM ACADEMYBalance SheetDecember 31, 2024AssetsLiabilitiesTotal Liabilities0Stockholders' Equity

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College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter20: Corporations: Organization And Capital Stock

Section: Chapter Questions

Problem 4MC: Stock subscriptions receivable are listed as __________ on the balance sheet. (a) current...

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Adjusted Trial Balance As of 12/31/20xx Accounts Account Balances Cash $20,521 28,000 4,000 Accounts Receivable Allowance for Uncollectible Accounts 35,000 Prepaid Rent Equipment Accumulated Depreciation Accounts Payable 40,114 10,000 10.521 |10,000 30,000 Deferred Revenue Common Stock Retained Carnings 10,000 Dividends 3,000 Service Revenue 65.114 1.000 4.000 4.000 4.000 Sales Discounts Rent Expense Interest Expense Income Tax Expense Question:Based on the Partial Trial Balance and Additional
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