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At the beginning of its current fiscal year, Willie Corp's balance sheet showed assets of $11,700 and liabilities of $6,800 During the year, liabilities decreased
At the beginning of its current fiscal year, Willie Corp's balance sheet showed assets of $11,700 and liabilities of $6,800 During the year, liabilities decreased by $1,100. Net income for the year was $3,250, and net assets at the end of the year were $5,750. There were no changes in paid-in capital during the year Calculate the dividends, if any, declared during the year (Negative amounts should be indicated by a minus sign) 6800|-| s (1.100) Begningls 11,700|-| $ + Dividends Net income Ending Ne Hints References eBook &Resources Hint 8 Check my.work 2 3 5 6
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