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Bledsoe Company received $22,000 cash from the issue of stock on January 1, 2013. During 2013 Bledsoe earned $9,200 of revenue on account. The company
Bledsoe Company received $22,000 cash from the issue of stock on January 1, 2013. During 2013 Bledsoe earned $9,200 of revenue on account. The company collected $7,400 cash from accounts receivable and paid $6,100 cash for operating expenses. Based on this information alone, during 2013. |
Total assets increased by $32,500.
Total assets increased by $1,300.
Total assets did not change.
Total assets increased by $25,100.
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