Question
ABC Inc. reported the following amounts on its statement of financial position at December 31, 2020 Accounts receivable 60000 Cash 17000 Deferred revenue 30000 Inventory
ABC Inc. reported the following amounts on its statement of financial position at December 31, 2020
Accounts receivable 60000
Cash 17000
Deferred revenue 30000
Inventory 80000
Land 280000
Notes payable 19000
Retained earnings?
Share capital 50000
How much was retained earnings?
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CISA Certified Information Systems Auditor Study Guide Achieve CISA Certification With Practical Examples And Over 850 Exam Oriented Practice Questions
Authors: Hemang Doshi
2nd Edition
1803248157, 978-1803248158
