Jesse and Mason Fabricating, Inc. general ledger has the following account balances at the end of the year: Cash $8,900 Common stock 5,200 Accounts receivable 6,600 Accounts payable 2,000 Additional paid-in capital 3,500 Prepaid insurance 5,200 Unearned revenue 3,500 Retained earnings 6,000 What is the total ending balance as reported on the company’s Statement of Stockholder’s Equity? $fill in the blank 1
Jesse and Mason Fabricating, Inc. general ledger has the following account balances at the end of the year: Cash $8,900 Common stock 5,200 Accounts receivable 6,600 Accounts payable 2,000 Additional paid-in capital 3,500 Prepaid insurance 5,200 Unearned revenue 3,500 Retained earnings 6,000 What is the total ending balance as reported on the company’s Statement of Stockholder’s Equity? $fill in the blank 1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Jesse and Mason Fabricating, Inc. general ledger has the following account balances at the end of the year:
| Cash | $8,900 |
| Common stock | 5,200 |
| 6,600 | |
| Accounts payable | 2,000 |
| Additional paid-in capital | 3,500 |
| Prepaid insurance | 5,200 |
| Unearned revenue | 3,500 |
| 6,000 |
What is the total ending balance as reported on the company’s Statement of
$fill in the blank 1
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