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Depr 4,000 and credit equipment for $90,000 7. Revenue were $150,000, expenses were $144.000, and cash dividends declared and paid were $3000. What were the
Depr 4,000 and credit equipment for $90,000 7. Revenue were $150,000, expenses were $144.000, and cash dividends declared and paid were $3000. What were the net income and the change in retained earnings? A. Nef income was $4000, the changes in retained earnings was $3000 6. Net income $ 6000, the change in retained earnings was $6000. c. Net Income was $150,000 the change in retained earnings $9000. d. Net income was $150,000, the change in retained earnings was $ 147,000
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