Question
calculate current assets, total assets, total liabilities, net income, ending retained earnings and total stockholders equity. cash $24,221. accounts receivable $12,440. prepaid expenses $3,655. equipment
calculate current assets, total assets, total liabilities, net income, ending retained earnings and total stockholders equity. cash $24,221. accounts receivable $12,440. prepaid expenses $3,655. equipment $16,330. accumulated depreciation $4,022. accounts payable $5474. wages payable $3,220. common stock $32000. additional paid in capital $4,000. treasury stock $2000. retained earnings beginning of year $9905. sales revenue $38450. wages expense $6502. cost of goods sold $18944. rent expense $4122. utilities expense $2300. depreciation expense $3311. dividends $3246.
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