Accounts Payable Accounts Receivable Cash Common Stock $ 33,100 11,050 14,300 60,090 Dividends 2,050 Equipment 89,000...
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Accounts Payable Accounts Receivable Cash Common Stock $ 33,100 11,050 14,300 60,090 Dividends 2,050 Equipment 89,000 Notes Payable 1,760 Operating Expenses 59,400 Other Expenses 7,950 Sales Revenue 94,800 Supplies 6,000 3-a. Was the company profitable? Yes No 3-b. Which financial statement provides the information regarding profitability? Income Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows Accounts Payable Accounts Receivable Cash Common Stock $ 33,100 11,050 14,300 60,090 Dividends 2,050 Equipment 89,000 Notes Payable 1,760 Operating Expenses 59,400 Other Expenses 7,950 Sales Revenue 94,800 Supplies 6,000 3-a. Was the company profitable? Yes No 3-b. Which financial statement provides the information regarding profitability? Income Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows
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