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Assignment Exercise 1-10 Bramble Corp. is a private camp ping ground near the Mount Miguel Recreation Area. It has compiled the following financisl information as
Assignment Exercise 1-10 Bramble Corp. is a private camp ping ground near the Mount Miguel Recreation Area. It has compiled the following financisl information as of December 31, 201 018 Service reveriue (from camping fees) $156,320 Dividends Sales revenue (from general store) 31,500 Notes payable Accounts payable Cash $11,340 63.000 158,760 6,930 50,400 Retained esrnings (1/4/2017)6,300 13,360 Expenses during 2017 10,710 Supplies 143,640 Common stock Determine Bramble Corp's net income for 2017 BrambitCorp's net income for 2017 Prepare a retained cemings statement for tremble Corp, year ended December 3 201. (uist items that increase retained carnings first
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