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ACCT 2300 Wang - Financial Accounting Fall 2021c Jack Adams 08/31/215 Question 6, E1-33A (simil... Part 2 of 5 HW Score: 60.78%, 4.25 of 7
ACCT 2300 Wang - Financial Accounting Fall 2021c Jack Adams 08/31/215 Question 6, E1-33A (simil... Part 2 of 5 HW Score: 60.78%, 4.25 of 7 points Score: 0.25 of 1 SE Accounts payable Durin Accounts receivable Read Cash Common stock Requ 2021. (Enter all amounts in millions. If an input field is not used in the income statement leave the field empty, do not select a label or enter a 7m.) Dividends declared Long-term note payable Net income for the period milions) Net loss for the period 148 Other long-term assets Property and equipment Rent expense Retained earnings, December 31, 2020 73 Retained earnings, December 31, 2021 73 Revenue Requ heading) for 2021. {Enter all amounils in millions. Include a sublolal alter the "Add" Ine of the slalerieri) Salary expense Total expenses More Info Utilities expense millions 73 Add: Net Income for the period Subtral Less: Dividends declared Relained earings, December 31, 2021 Vanoc incurred during that same year, salary expers of S26 milion, rent expense of $15 millicin, and utitics expense of $23 milion. Vance reclared and paid dividends of $11 milion during the year. At December 31, 2021, Vance had cash af $150 trillion, accounts receivable of $50 milioni, properly and equipment of $37 million, and other long-term assels of $25 trillion. At December 31, 2021, the coinuary Uned accounts payable of $55 milion and had a long-term nole payable of 532 million. Vance began 2021 with a balance in retained earings of $70 million. Al December 31, 2021, Vance had total stockholders' equity of $175 milion, which consisted of common stock and retained eamings. Vance has a yearend of December 31 (11) Print Dono Done ACCT 2300 Wang - Financial Accounting Fall 2021c Jack Adams 08/31/215 Question 6, E1-33A (simil... Part 2 of 5 HW Score: 60.78%, 4.25 of 7 points Score: 0.25 of 1 SE Accounts payable Durin Accounts receivable Read Cash Common stock Requ 2021. (Enter all amounts in millions. If an input field is not used in the income statement leave the field empty, do not select a label or enter a 7m.) Dividends declared Long-term note payable Net income for the period milions) Net loss for the period 148 Other long-term assets Property and equipment Rent expense Retained earnings, December 31, 2020 73 Retained earnings, December 31, 2021 73 Revenue Requ heading) for 2021. {Enter all amounils in millions. Include a sublolal alter the "Add" Ine of the slalerieri) Salary expense Total expenses More Info Utilities expense millions 73 Add: Net Income for the period Subtral Less: Dividends declared Relained earings, December 31, 2021 Vanoc incurred during that same year, salary expers of S26 milion, rent expense of $15 millicin, and utitics expense of $23 milion. Vance reclared and paid dividends of $11 milion during the year. At December 31, 2021, Vance had cash af $150 trillion, accounts receivable of $50 milioni, properly and equipment of $37 million, and other long-term assels of $25 trillion. At December 31, 2021, the coinuary Uned accounts payable of $55 milion and had a long-term nole payable of 532 million. Vance began 2021 with a balance in retained earings of $70 million. Al December 31, 2021, Vance had total stockholders' equity of $175 milion, which consisted of common stock and retained eamings. Vance has a yearend of December 31 (11) Print Dono Done
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