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Assume that New Navy Company reported the following summarized data at December 31, 2018. Accounts appear in no particular order; dollar amounts are in millions
Assume that New Navy Company reported the following summarized data at December 31, 2018. Accounts appear in no particular order; dollar amounts are in millions EEB (Click the icon to view the data.) Prepare the trial balance of New Navy Company at December 31, 2018. List the accounts in their proper order. How much was the company's net income or net loss? (Enter amounts in millions as provided to you in the problem statement) New Navy Company Trial Balance December 31, 2018 Balance (in millions) Debit Account Title Credit Total Total Compute New Navy's net income or net loss. (Enter the amount as a positive value) New Navy's net s smillion Data Table 1 $ 39 Other liabilities Other assets Expenses Stockholders' equity $ 3 Revenues 21 Cash 29 Accounts payable 6 Print Done
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