Question
Computing net income LO P1 A company had the following assets and liabilities at the beginning and end of this year. Beginning of the year
Computing net income LO P1 A company had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year {:[" Assets "," Liabilities "],[$123","500,$52","944],[179","800,72","495]:} 72,495 a. Owner made no investments in the business, and no dividends were paid during the year b. Owner made no investments in the business, and dividends paid were $13,200 during the year. c. No dividends were paid during the year, but the owner did invest an additional $45,000 cash in exchange for common stock. d. Dividends paid were $ i can not figure out how to get the net income category.
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