Items from the income statement, statement of retained earnings, and balance sheet of Electronic Arts, Inc., are

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Items from the income statement, statement of retained earnings, and balance sheet of Electronic Arts, Inc., are listed below in alphabetical order. Solve for the missing amounts, and explain whether the company was profitable.

Use Exhibit 1.6 to identify relations among the items, then solve for amounts

Electronic Arts, Inc. Contributed Capital $2,430 Dividends Net Income (a) 370 Retained Earnings, Beginning of Year Retai
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Fundamentals of Financial Accounting

ISBN: 978-1259103292

4th Canadian edition

Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh

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