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Accounts for ABC Services at July 31, the end of the current year, are listed below. The common stock was $120,000 and the retained earnings
Accounts for ABC Services at July 31, the end of the current year, are listed below. The common stock was $120,000 and the retained earnings was $60,000 at August1 the beginning of their new fiscal current year. During the year, shareholders purchased an additional $25,000 in stock What is the net income for lossl.? Accounts payable Accounts receivable C. Foscammed Land Building $ 2,000 10,340 21.420 73.450 47,000 157,630 Miscellaneous expense Office expense Supplies Wages expense Dividendi $ 1,030 1,240 1,670 23,350 16,370 Question 24 Using the accounts and response to Question 23, What is the retained earnings amount for July 31? Edit Format Table 12pt Paragraph B I V Ave yev P O words Question 25 Using the accounts and responses in Question 23 AND Question 24, what is the amount of total assets as of July 312 Edit Format Table 12pt Paragraph BIU ALTYD
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