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Accounts CommonRetained Fees Utilities Wages Expense Expense Expense Rent Cash Supplies Land Payable Stock Earnings Dividends Earned ? $8,600.00 $16,500.00 $5,000.00 $5,750.00 $26,750.00 $6,400.00 $4,650.00
Accounts CommonRetained Fees Utilities Wages Expense Expense Expense Rent Cash Supplies Land Payable Stock Earnings Dividends Earned ? $8,600.00 $16,500.00 $5,000.00 $5,750.00 $26,750.00 $6,400.00 $4,650.00 Review the following questions Place an X in the box to indicate which financial statement(s) report the desired information. Enter the amount reported on the financial statement Balance Income Retained Earnings Sheet Statement Statement Amount 1. What is the amount reported for total liabilities and stockholders' equity on December 31? 2. What is the retained earnings amount reported on December 31? 3. How much does GGE Enterprises Inc. owe to its creditors? 4. How much cash is being held by GGE Enterprises Inc.? 5. By what amount did retained earnings increase or decrease during the period? 6. What is the amount of profit or loss during December? 7. What were the total expenses for December? 8. How much was paid for wages? X $300.00 : Points:22/32 Accounts CommonRetained Fees Utilities Wages Expense Expense Expense Rent Cash Supplies Land Payable Stock Earnings Dividends Earned ? $8,600.00 $16,500.00 $5,000.00 $5,750.00 $26,750.00 $6,400.00 $4,650.00 Review the following questions Place an X in the box to indicate which financial statement(s) report the desired information. Enter the amount reported on the financial statement Balance Income Retained Earnings Sheet Statement Statement Amount 1. What is the amount reported for total liabilities and stockholders' equity on December 31? 2. What is the retained earnings amount reported on December 31? 3. How much does GGE Enterprises Inc. owe to its creditors? 4. How much cash is being held by GGE Enterprises Inc.? 5. By what amount did retained earnings increase or decrease during the period? 6. What is the amount of profit or loss during December? 7. What were the total expenses for December? 8. How much was paid for wages? X $300.00 : Points:22/32
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