Question
Calculate the missing amounts. Cash Inventory Property Total assets Revenues Cost of sales Administrative expenses, including tax Profit Beginning retained earnings Profit Assets Dividends Ending
Calculate the missing amounts.
Cash Inventory Property Total assets Revenues Cost of sales Administrative expenses, including tax Profit Beginning retained earnings Profit Assets Dividends Ending retained earnings Required Calculate the missing amounts. $10 500 15 500 80 000 $106 000 Liabilities Accounts payable Equity Contributed equity Retained earnings Total liabilities and equity Statement of profit or loss Liabilities and equity Statement of changes in equity $200 000 (c) 14 000 $ (d) $ 12 000 (e) (8 000) $45.000 $26 000 (a) (b) $106 000
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Financial ACCT2
Authors: Norman H. Godwin, C. Wayne Alderman
2nd edition
9781285632544, 1111530769, 1285632540, 978-1111530761
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