Business, 14.11.2019 19:31 joewoodson1059

Wiley hill opened hill's repairs on march 1 of the current year. during march, the following transactions occurred:

wiley invested $25,000 cash in the business in exchange for common stock.
wiley contributed $100,000 of equipment to the business in exchange for common stock.
the company paid $2,000 cash to rent office space for the month of march.
the company received $16,000 cash for repair services provided during march.
the company paid $6,200 for salaries for the month of march.
the company provided $3,000 of services to customers on account.
the company paid cash of $500 for utilities for the month of march.
the company received $3,100 cash in advance from a customer for repair services to be provided in april.
the company paid $5,000 in cash dividends.
based on this information, the total amount of stockholders’ equity reported on the balance sheet at the end of march would be:

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Wiley hill opened hill's repairs on march 1 of the current year. during march, the following transac...

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