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+ + + = Accounts Receivable + + Supplies Equipment Accounts Payable Common Stock $16,000 Revenues Expenses Dividends Cash $16,000 -2,500 1. 2. $5,500 $3,000
+ + + = Accounts Receivable + + Supplies Equipment Accounts Payable Common Stock $16,000 Revenues Expenses Dividends Cash $16,000 -2,500 1. 2. $5,500 $3,000 3. -650 $650 4. $4,300 $7,600 5. 3,300 -1,000 -2,100 -1,000 6. -$2,100 7. -650 -$650 8. 550 -550 9. -5,800 10. 550 -550 (b) Determine how much stockholders' equity increased for the month. Increase in stockholders' equity $: (c) Compute the amount of net income for the month. Net income Click if you would like to Show Work for this question: Open Show Work
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