Problem 1-4A Understand the format of financial statements and the links among them (L01- Below...
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Accounting
Problem 1-4A Understand the format of financial statements and the links among them (L01- Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. BULLDOG, INC. Income Statement 33,500 Revenues Expenses: Salaries Advertising Utilities Net income 4.900 2,900 BULLDOG, INC. Statement of Stockholders' Equity Total Common Retained Stockholders' Stock Earnings Equity Beginning balance $ 8,900 $ 5,900 $ 14,800 Issuances 1,200 1,200 Add: Net income Less: Dividends Ending balance (1,900) 8,900 (1,900) 19,000 $ 10,100 $ $ Assets $ Cash Accounts receivable Supplies Equipment BULLDOG, INC. Balance Sheet Liabilities 2,900 Accounts payable 3,100 Stockholders' Equity 7,900 Common stock 8,900 Retained earnings 22,800 Total liabilities and stockholders' equity Total assets $
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