Question
1.Fisher Enterprises assets increased from $10,000 to $15,000, and liabilities increased from $3,000 to $4,000.Assuming no additional owners' equity transactions took place, if expenses totaled
1.Fisher Enterprises assets increased from $10,000 to $15,000, and liabilities increased from $3,000 to $4,000.Assuming no additional owners' equity transactions took place, if expenses totaled $5,000, what was Fisher's revenue for the year?
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Advanced Financial Accounting
Authors: Richard Baker, Theodore Christensen, David Cottrell
9th edition
78110920, 978-0077899165, 77899164, 978-0077484255, 77484258, 978-0078110924
