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4 sub questions pictured Camas D Question 5 Barker Company's records show the following for the month of January Total Retained Earnings and Stockholders' contribution,
4 sub questions pictured
Camas D Question 5 Barker Company's records show the following for the month of January Total Retained Earnings and Stockholders' contribution, January 1: $700,000 Total Revenue: $1,005,000 Total expenses: $875.000 Total Dividends Declared: $30.000 Total Retained Earnings and Stockholders contribution, January 31: 5900,000 How much did stockholders contribute in January $100.000 5.15.000 5200 000 300.000 # S 4 2 % 5 & 6 8 Q W E R. T Y C S D F H . K Can Question 6 The following information is available for Lighten Company Sales $130,000 $12.000 Freight-in COGS $118.000 Ending Merchandise Inventory Purchases Beperint Merchandise Inventory $2000 $100,000 $15.000 Lighten's Purchase Discounts were 57.000 SADO 15.00 2 $ 4 % 5 8 8 Q W E R . Y - S D F G . J K Z C V B M 1 pts Question 7 Jingling Store had 500 units on hand at January 1, costing $20 each. Purchases and sales during the month of January were as follows: Date Purchases Sales 375 528 Jan 14 17 200 $20 25 250 $32 29 250 522 Signes periodicono records According to a physical count: 325 units were on hand at January 31. The cost of the inventory at January 31, under the LIFO method SO 1150 . % $ 4 8 7 8 9 N 3 Q W E R T Y 0 U A S D F H J Z N C V B N M 90 $10.000 1 pts Question 8 Faston LIFO periodic for its inventory. if ending Inventory is understated in 2011 but correct in 2012, net income and se at the end of 2012 will be Act Net Income Understand A Overstated Understated Correctly stated Correctly stated Ostated None of the bove D % # 3 2 4 & 7 6 8 9 W E R T Y U A S D F G H J K Z X V B. M MN Step by Step Solution
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