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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Answered: Cash Supplies Prepaid rent Land…

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter1: Introduction To Accounting And Business

Section: Chapter Questions

Problem 4MAD: Compare The Home Depot and Lowes Using your answers for The Home Depot, Inc. (HD) in MAD 1-2 and...

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Similar questions

Please answer the following requirements on these financial accounting question
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Using the given information, create a pro forma balance sheet. Covering all Assets and Liabilities listed within both photos.
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What is the Days Payables Outstanding? Use the attached financial data to calculate the ratios. Round to the nearest decimal. Abercrombie & Fitch Co (ANF) Financial Data Revenues Cost of Sales Total Operating Expenses Interest Expense Income Tax Expense Diluted Weighted Shares Outstanding Cash + Equivalents Accounts Receivable Inventories Total Current Assets Total Assets Accounts Payable Total Current Liabilities Total Stockholders' Equity ANF Stock Price = $10.30 Select one O A. 42.3 days, 37.0 days OB. 76.1 days, 89.4 days OC. 89.4 days, 37.0 days OD. 76.1 days, 97.7 days 2022 $3,659.3 $1,545.9 $2,026.9 $28.5 $37.8 52.8 $257.3 $108.5 $742.0 $1,220.4 $2,694.0 $322.1 $935.5 $656.1 2021 $3,712.8 $1,400.8 $1,968.9 $34.1 $38.9 62.6 $823.1 $69.1 $525.9 $1,507.8 $2,939.5 $374.8 $1,015.2 $826.1
Assets: Cash Accounts receivable (net) Investments Inventory Prepaid rent Total current assets Property & Equipment, (net) Total assets $66 179 55 200 28 528 264 $792 Liabilities and Stockholder's Equity: Accounts payable Other liabilities Total current liabilities Long-term liabilities Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and equity What is the debt to equity ratio? (Round your answer to two decimal places.) $246 81 327 118 445 156 191 347 $792
Compare The Home Depot and Lowes Using your answers for The Home Depot, Inc. (HD) in MAD 1-2 and Lowes Companies, Inc. (LOW) in MAD 1-3, compare and interpret Home Depots ratio of liabilities to stockholders equity to that of Lowes.
Stock subscriptions receivable are listed as __________ on the balance sheet. (a) current liabilities (b) current assets (c) long-term assets (d) contra-stockholders equity
find assets, liabilities, and stockholders equity
Calculate the dividend payout ratio.
The following items are reported on a company's balance sheet: $212,700 90,200 252,800 196,700 278,400 Cash Marketable securities Accounts receivable Inventory Accounts payable Determine the (a) current ratio, and (b) quick ratio. Round your answers to one decimal place. a. Current ratio b. Quick ratio
Calculate the ending balance for owner's equity: Beginning Balance Investments Distributions Ending Balance 23,853 7,134 18,085 ?

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