Omar Fitness Inc.s statement of changes in equity shows the following information: Requirements 1. Calculate the missing

Question:

Omar Fitness Inc.€™s statement of changes in equity shows the following information:

Requirements
1. Calculate the missing amounts.
2. If Omar Fitness Inc.€™s revenue was $26,000, what were the expenses for the year?

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Financial Accounting

ISBN: 978-0132889711

1st Canadian Edition

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

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Question Posted: Jul 08, 2015 02:07 AM

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Omar Fitness Inc.s statement of changes in equity shows the following information: Requirements 1. Calculate the missing

Question:

Common Shares Retained Earnings Total $28,000 Balance, Jan. 1, 2013 Issued Common Shares Net Income Dividends Balance, Dec. 31, 2013 $24,000 $24,000 $(5,000)$5,000) $48,000 $34,000

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Financial Accounting

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