Business, 23.09.2020 17:01, mervesena01
Use the following information to calculate for the year ended December 31, 2018
(a) net income,
(b) ending retained earnings, and
(c) total assets.
Supplies $ 3,000
Revenues $25,000
Operating expenses 12,000
Cash 15,000
Accounts payable 9,000
Dividends 1,000
Accounts receivable 3,000
Notes payable 1,000
Beginning retained earnings 5,000
Equipment 6,000
Answers: 1
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Use the following information to calculate for the year ended December 31, 2018
(a) net income,
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