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- Accounts Payable: $50,000 - Accounts Receivable: $70,000 - Accumulated Depreciation-Equipment: $150,000 - Cash: $80,000 - Common Stock: $100,000 - Depreciation Expense: $30,000 - Dividends:
- Accounts Payable: $50,000 - Accounts Receivable: $70,000 - Accumulated Depreciation-Equipment: $150,000 - Cash: $80,000 - Common Stock: $100,000 - Depreciation Expense: $30,000 - Dividends: $25,000 - Equipment: $350,000 - Prepaid rent: $20,000 - Rent Expense: $5,000 - Retained Earnings (beginning balance): $30,000 - Service Revenue: $250,000 - Supplies: $10,000 - Supplies Expense: $50,000 - Unearned Service Revenue: $60,000 If net income is $165,000, how much is ending retained earnings? Do not enter dollar sign or commas; just numbers. Answer: How much are total assets? Do not enter dollar sign or commas; just numbers
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