Required:
Calculate the missing amounts.
Complete this question by entering your answers in the tabs below.
Income
Statement
Statement of
Stockholders Balance Sheet
Equity
Calculate the missing amounts.
RILEY, INCORPORATED
Income Statement
Year ended December 31, 2026
Revenues
Expenses:
Salaries
Advertising
Utilities
Net income
$
33,000
4,800
2,800
Income
Statement
Statement of
Stockholders Balance Sheet
Equity
Calculate the missing amounts.
RILEY, INCORPORATED
Statement of Stockholders' Equity
Year ended December 31, 2026
Common
Retained
Stock Earnings
Beginning balance
$
8,800 $
5,800 $
Issuances
1,000
Total
Stockholders'
Equity
14,600
1,000
Add: Net income
Less: Dividends
(1,800)
(1,800)
Ending balance
$
9,800 $
8,800 $
18,600
Income
Statement
Statement of
Stockholders Balance Sheet
Equity
Calculate the missing amounts.
RILEY, INCORPORATED
Balance Sheet
December 31, 2026
Assets
Liabilities
Cash
Accounts receivable
Supplies
Equipment
Total assets
$
2,800 Accounts payable
3,150
7,800 Common stock
8,800 Retained earnings
$ 22,550 Total liabilities and stockholders' equity
Stockholders' Equity