The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Cred

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The December 31 2021 Adjusted Trial Balance For Fightin Blue Hens Corporation Is Presented Below Accounts Debit Cred 1 (59.69 KiB) Viewed 29 times

The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash $ 10,500 Accounts Receivable 135,000 4,500 Prepaid Rent Supplies 22,500 Equipment 250,000 Accumulated Depreciation $120,000 Accounts Payable 10,500 Salaries Payable 9,500 Interest Payable 3,500 Notes Payable (due in two years) 25,000 Common Stock 150,000 Retained Earnings 45,000 Service Revenue 350,000 250,000 Salaries Expense Rent Expense 12,500 Depreciation Expense 25,000 Interest Expense 3,500 Totals $713,500 $713,500 2. Prepare a statement of stockholders' equity for the year ended December 31, 2021, assuming no common st 2021. FIGHTIN' BLUE HENS CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2021 Common Stock Total Stockholders' Equity Balance at January 1 Less: Dividends Balance at December 31 Prey www 19 Retained Earnings 14 15