Question
Cash $70,000 Bonds payable 400,000 Inventory $225,000 Common stock 750,000 Net Property, Plant & Equipment $500,000 Accounts Receivable $130,000 Accounts Payable $175,000 Retained Earnings ?
Cash
$70,000
Bonds payable
400,000
Inventory
$225,000
Common stock
750,000
Net Property, Plant & Equipment
$500,000
Accounts Receivable
$130,000
Accounts Payable
$175,000
Retained Earnings
?
What is the retained earnings?
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
