Question
Based on the following data and assuming that the common stock account balance is $ 66000 , what is the balance in retained earnings? Accounts
Based on the following data and assuming that the common stock account balance is $66000, what is the balance in retained earnings?
Accounts payable | $87000 |
Accounts receivable | 56000 |
Cash | 76000 |
Inventory | 132000 |
Buildings | 162000 |
Bonds payable | 521000 |
Supplies | 10300 |
Notes payable | 57000 |
Equipment | 353000 |
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
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