Exercise 01.08 – Woods Construction
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
From a list of accounts, prepare a balance sheet.
From a list of accounts, prepare a balance sheet.
Calculate the ending balance of cash, then prepare a statement of cash flows
Prepare an income statement and a statement of stockholders’ equity.
Prepare an income statement and a statement of stockholders’ equity.
Prepare a statement of stockholders’ equity and a balance sheet.
Given cash, supplies, prepaid rent, land, accts payable, utilities payable, salaries payable, notes payable, prepare a statement of stockholders’ equity and a balance sheet.
Prepare a balance sheet and statement of cash flows.
Fill in the blanks based on the financial statements.
Calculate the balance of retained earnings.
Calculate the answer related to the balance of retained earnings.