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Unformatted text preview: -$ --$ --$ 1 of 2 Name: Date: Section: I-04.03(b)(c) WILD RIVER RAFTING CORPORATION Balance Sheet August 31, 20X5 Assets-$ -$ --Total assets-$ Liabilities-$ --Total liabilities-$ Stockholders' equity-$ -Total stockholders' equity-Total Liabilities and equity-$ (c) This company had a net loss, and the dividend further caused a negative balance in retained earnings. The creditors are apt to be quite concerned about both of these events. 2 of 2...
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