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Data Table Total Assets $ Total Liabilities - iRequirement May 31, 2018 June 30, 2018 211,000 $ 263,000 188,000 Print Done - For each
Data Table Total Assets $ Total Liabilities - iRequirement May 31, 2018 June 30, 2018 211,000 $ 263,000 188,000 Print Done - For each of the following situations that occurred in June, 2018 with regard to common stock and dividends of a corporation, compute the amount of net income or net loss during June 2018. 99,000 a. The company issued $18,000 of common stock and paid no dividends. b. The company issued no common stock. It paid cash dividends of $7,500. c. The company issued $20,000 of common stock and paid cash dividends of $22,000. Print Done
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