Year ended Dec. 31, 2021 Retained Total Stk. Revenues $39,000 Common Stock Earnings Equity Expenses: Beginning balance $10,000 $7,000 $17,000 Salaries (a) Issuances 1,100 1,100 Advertising 6,000 Add: Net income (c) (c) Utilities 4,000 Less: Dividends (3,000) (3,000) Net income (b) Ending balance $11,100 $10,000 $21,100 BULLDOG, INC. Balance Sheet Dec. 31, 2021 Assets Liabilities Cash $ 4,000 Accounts payable (d) Accounts receivable 3,000 Stockholders' Equity Supplies 9,000 Common stock (e) Equipment 10,000 Retained earnings (f) Total liabilities and Total assets $26,000 stockholders' equity (g)
Year ended Dec. 31, 2021 Retained Total Stk. Revenues $39,000 Common Stock Earnings Equity Expenses: Beginning balance $10,000 $7,000 $17,000 Salaries (a) Issuances 1,100 1,100 Advertising 6,000 Add: Net income (c) (c) Utilities 4,000 Less: Dividends (3,000) (3,000) Net income (b) Ending balance $11,100 $10,000 $21,100 BULLDOG, INC. Balance Sheet Dec. 31, 2021 Assets Liabilities Cash $ 4,000 Accounts payable (d) Accounts receivable 3,000 Stockholders' Equity Supplies 9,000 Common stock (e) Equipment 10,000 Retained earnings (f) Total liabilities and Total assets $26,000 stockholders' equity (g)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Topic Video
Question
how am i supposed to figure out the missing info?
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M MHE Reader
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b My Questions | ba x
FA8 - Financial Ra x Au Accountingworkbo X Au fa_workbook_versi x +
player-ui.mheducation.com/#/epub/sn_3dc3#epubcfi(%2F6%2F70%5Bdata-uuid-644628665ee64c9d88f7860ad5a6ff7c%5D!%2F4%2F2%5Bdata-uuid-cb24... *
Update :
Year ended Dec. 31, 2021
Year ended Dec. 31, 2021
Retained
Total Stk.
Revenues
$39,000
Common Stock
Earnings
Equity
Expenses:
Beginning balance
$10,000
$7,000
$17,000
Salaries
(а)
Issuances
1,100
1,100
Advertising
6,000
Add: Net income
(c)
(c)
Utilities
4,000
Less: Dividends
(3,000)
(3,000)
Net income
(b)
Ending balance
$11,100
$10,000
$21,100
BULLDOG, INC.
Balance Sheet
Dec. 31, 2021
Assets
Liabilities
Cash
$ 4,000
Accounts payable
(d)
Accounts receivable
3,000
Stockholders' Equity
Supplies
9,000
Common stock
(e)
Equipment
10,000
Retained earnings
(f)
Total liabilities and
Total assets
$26,000
stockholders' equity
(g)
Reguired:
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