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400 A company had the following account balances at the end of its first year of operations. Find the missing amounts. (Hint: Think about the
400 A company had the following account balances at the end of its first year of operations. Find the missing amounts. (Hint: Think about the order in which financial statements are prepared.) Cash $ 500 Accounts receivable 700 Inventory Building and equipment 1,200 Accounts payable Salaries payable 200 Common Stock 1,100 Retained earnings (ending) 600 Revenue Expenses 750 Net income ? ? ? Dividends 50 A. 700, 650, 150 B. 900, 1,400, 700 OC.1,100, 550, 600 D. 900, 1,400, 650 E. 1,100, 1,150, 600
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