Question
Baltimore Company experienced a total increase in stockholders' equity of $26,000 during the current year.Stockholders' equity was increased by additional issuances of $60,000 capital stock
Baltimore Company experienced a total increase in stockholders' equity of $26,000 during the current year.Stockholders' equity was increased by additional issuances of $60,000 capital stock during the year.No dividends were paid.Expenses incurred during the year were $101,000.How much was Baltimore's revenue for the year?
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Essentials Of Forensic Accounting
Authors: Michael A Crain, William S Hopwood
2nd Edition
1948306441, 978-1948306447
