Question

Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. Complete this question by entering your answers in the tabs below. Stmt of Income Statement Stockholders Balance Sheet Equity Calculate the missing amounts. BULLDOG, INC. Income Statement Year ended Dec. 31, 2021 $ 38,000 Revenues Expenses Salaries 5,800 3,800 Advertising Utilities Net income Income Statement Stmt of Stockholders Equity>
2 Below are incomplete financial statements for Bulldog, Inc Required: Calculate the missing amounts 5 points Skipped Complete this question by entering your answers in the tabs below. eBook Print References Statement Stockholders Balance Sheet Equity Calculate the missing amounts BULLDOG, INC Statement of Stockholders Equity Year ended Dec. 31, 2021 Common Retained Stockholders Total Stock Eq Beginning balance$ 9,800 6,800 Issuances Add: Net income Less: Dividends Ending balance 16,600 1,200 ,200 (2,800) ,000 $ 9,80020,800 < Income Statement Balance Sheet )
Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. ipped Complete this question by entering your answers in the tabs below. Stmt of Book Income Statement Stockholders Balance Sheet Calculate the missing amounts. Print erences BULLDOG, INC Balance Sheet Dec. 31,2021 Assets Liabilities $ 3,800 Accounts payable Cash Accounts receivable Supplies Equipment Stockholders Equity 2,800 8,800 Common stock 9,800 Retained earnings $ 25,200 Total liabilities and stockholders equity Total assets Stmt of Stockholders Equity
1 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1
BULLDOG INC.
Income Statement
Year ended Dec. 31, 2021
Revenues 38000
Expenses:
Salaries 22600
Advertising 5800
Utilities 3800
Net income 5800
BULLDOG INC.
Statement of Stockholders' Equity
Year ended Dec. 31, 2021
Common Stock Retained earnings Total Stockholders' Equity
Beginning balances 9800 6800 16600
Issuances 1200 1200
Add: Net income 5800 5800
Less: Dividends -2800 -2800
Ending balance 11000 9800 20800
BULLDOG INC.
Balance Sheet
Dec. 31, 2021
Assets Liabilities
Cash 3800 Accounts Payable 4400
Accounts Receivable 2800 Stockholders' Equity
Supplies 8800 Common Stock 11000
Equipment 9800 Retained earnings 9800
Total assets 25200 Total liabilities and Stockholders' Equity 25200
Add a comment
Know the answer?
Add Answer to:
Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. Complete this question...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. 31,500 BULLDOG, INC....

    Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. 31,500 BULLDOG, INC. Income Statement Revenues $ Expenses: Salaries Advertising 4,500 2,500 Utilities Net income BULLDOG, INC. Statement of Stockholders' Equity Total Common Retained Stockholders' Stock Earnings Equity Beginning balance $ 8,500 $ 5,500 $ 14,000 Issuances 1,000 1,000 Add: Net income Less: Dividends (1,500) (1,500) Ending balance $ 9,500 $ 8,500 $ 18,000

  • Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. 39,000 BULLDOG, INC....

    Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. 39,000 BULLDOG, INC. Income Statement Revenues $ Expenses: Salaries Advertising Utilities Net income 6,000 4,000 BULLDOG, INC. Statement of Stockholders' Equity Total Common Retained Stockholders' Stock Earnings Equity Beginning balance 10,000 $ 7,000 $ 17,000 Issuances 1,100 1,100 Add: Net income Less: Dividends (3.000) (3,000) Ending balance 11,100 $ 10,000 $ 21,100 Assets Cash Accounts receivable Supplies Equipment Total assets BULLDOG, INC. Balance Sheet Liabilities $ 4,000...

  • Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts.    CYCLONE, INC....

    Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts.    CYCLONE, INC. Income Statement Year ended Dec. 31, 2021 Revenues Expenses: Salaries | $ 11,600 Rent 5,600 Advertising 3,600 Net income CYCLONE, INC. Statement of Stockholders' Equity Year ended Dec. 31, 2021 Common Retained Earnings Total Stockholders' Equity $ 18,200 $ 12,600 $ 5,600 Beginning balance Issuances of stock Add: Net income Less: Dividends Ending balance 3,600 3,600 $ 14,200 $ 6,600 $ 20,800

  • Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. BULLDOG, INC. Income...

    Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. BULLDOG, INC. Income Statement Revenues 38,000 Expenses: Salaries Advertising 5,800 Utilities 3,800 Net income

  • Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income...

    Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. CYCLONE, INC. Income Statement Year ended Dec. 31, 2021 Revenues Expenses: Salaries $ 12,000 Rent 6,000 Advertising 4,000 Net income CYCLONE, INC. Statement of Stockholders' Equity Year ended Dec. 31, 2021 Common Stock Retained Earnings Total Stockholders' Equity $ 19,000 13,000 $ 6,000 Beginning balance Issuances of stock Add: Net income Less: Dividends Ending balance 4,000 4,000 $ 15,000 $ 7,000 $ 22,000 Assets $ CYCLONE, INC....

  • Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. Revenue 24400 Expenses...

    Below are incomplete financial statements for Cyclone, Inc. Required: Calculate the missing amounts. Revenue 24400 Expenses Salaries 11600 Rent 5600 Advertisement 3600 Net income 3600 Common stock Retained earning Total stakeholder's equity Beginning balance 12600 5600 18200 Issuance of stock 1600 1600 Add: Net income 3600 3600 Less: Dividend 2600 2600 Ending balance 14200 6600 20800 I JUST NEED THE BOTTOM ONE FILLED IN WHERE THE BLUE BLANKS ARE. thank you Assets $ CYCLONE, INC. Balance Sheet Dec. 31, 2021...

  • Required: Calculate the missing amounts. BULLDOG, INC. Income Statement Revenues Expenses: Salaries 36,000 5,400 3,400 Utilities...

    Required: Calculate the missing amounts. BULLDOG, INC. Income Statement Revenues Expenses: Salaries 36,000 5,400 3,400 Utilities Net income BULLDOG, INC. Statement of Stockholders' Equity Total Common Retained Stockholders' Stock Earnings Equity Beginning balance $ 9,400 S 6,400 S 15,800 Issuances 1,100 1,100 Add: Net income Less: Dividends (2,400) (2.400) Ending balance $ 10,500 $ 9,400 $ 19,900 Assets $ Cash Accounts receivable Supplies Equipment Total assets BULLDOG, INC. Balance Sheet Liabilities 3,400 Accounts payable 2,400 Stockholders' Equity 8,400 Common stock...

  • Problem 1-4A Understand the format of financial statements and the links among them (L01- Below are...

    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 $ $...

  • Problem 1-4A Understand the format of financial statements and the links among them (L01-3) Below are...

    Problem 1-4A Understand the format of financial statements and the links among them (L01-3) Below are incomplete financial statements for Bulldog, Inc. Required: Calculate the missing amounts. 29,500 BULLDOG, INC. Income Statement Revenues $ Expenses: Salaries Advertising Utilities 4,100 2,100 Net income BULLDOG, INC. Statement of Stockholders' Equity Common Retained Total Stockholders' Stock Earnings Equity Beginning balance $ 8,100 $ 5,100 $ 13,200 Issuances 1,100 1,100 Add: Net income Less: Dividends (1,100) (1,100) Ending balance $ 9,200 $ 8,100 $...

  • Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance Sheet...

    Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC. Balance Sheet Cash Inventory Buildings Total assets $12,000 15,000 40,000 $67,000 Liabilities and Stockholders' Equity Liabilities $ 5,800 Accounts payable Stockholders' Equity Common stock Retained earnings Total liabilities and stockholders' equity $67,000 DONAVAN, INC. Income Statement Revenues $84,200 Cost of goods sold Salaries and wages expense 10,430 Net Income DONAVAN, INC Retained Earnings Statement $17,000 Beginning retained earnings Add: Net income Less: Dividends Ending retained earnings...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT