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Bonita Industries compiled the following financial information as of December 31, 2020: Service revenue Common stock Equipment Operating expenses Cash Dividends Supplies Accounts payable Accounts

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Bonita Industries compiled the following financial information as of December 31, 2020: Service revenue Common stock Equipment Operating expenses Cash Dividends Supplies Accounts payable Accounts receivable Retained earnings, 1/1/20 $838000 175,000 231000 734000 184,000 68,000 24,000 112000 90000 437000 Bonita assets on December 31, 2020 are: Your Answer: Answer Question 17 (2 points) Ashley's Accessory Shop started the year with total assets of $210,000 and total liabilities of $120,000. During the year the business recorded $330,000 in revenues, $165,000 in expenses, and dividends of $60,000. Stockholders' equity at the end of the year was $165,000. $180,000. $195,000. 3 O $165,000

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