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Elisa Company compiled the following financial information as of December 31, 2017: Service revenue $840,000 Common stock 180,000 Equipment 240,000 Operating expenses 750,000 Cash 210,000
Elisa Company compiled the following financial information as of December 31, 2017:
Service revenue $840,000
Common stock 180,000
Equipment 240,000
Operating expenses 750,000
Cash 210,000
Dividends 60,000
Supplies 30,000
Accounts payable 120,000
Accounts receivable 300,000
Retained earnings, 1/1/17 450,000
Elisas stockholders equity on December 31, 2017 is
Question 29 options:
| $720,000. |
| $630,000. |
| $480,000. |
| $660,000. |
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