Question:

Balance Sheets Net Income Financial information related to

Last updated: 6/23/2023

Balance Sheets Net Income Financial information related to

Balance Sheets Net Income Financial information related to the corporation of Ebony Interiors for February and March 2018 is as follows Cash Accounts receivable Supplies Accounts payable Common stock Retained earnings Cash V Accounts receivable Supplies Total assets V February 28 2018 Accounts payable 183 700 104 100 9 200 47 100 130 000 a Prepare balance sheets for Ebony Interiors as of February 28 2018 Ebony Interiors Balance Sheet February 28 2018 Assets Liabilities March 31 2018 Common stock Retained earnings Total stockholders equity Total liabilities and stockholders equity 311 800 119 600 7 600 50 900 130 000 Stockholders Equity 183 700 104 100 9 200 130 000 0 X 297 000 47 100 130 000 x 130 000 X