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Compute the missing amounts in the table below: Year 1 Year 2 Total assets $85,000 B Common stock A $3,600 Retained earnings $8,400 $18,800 Total
- Compute the missing amounts in the table below:
|
| Year 1 | Year 2 |
| Total assets | $85,000 | B |
| Common stock | A | $3,600 |
| Retained earnings | $8,400 | $18,800 |
| Total liabilities | $62,600 | $36,000 |
| Liabilities and equity | $85,000 | $58,400 |
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Financial Accounting Information for Decisions
Authors: John J. Wild
9th edition
1259917045, 978-1259917042
