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Elston Company compiled the following financial information as of December 31, 2017: Service revenue $840000 Common stock 180000 Equipment 240000 Operating expenses 750000 Cash 210000
Elston Company compiled the following financial information as of December 31, 2017:
Service revenue | $840000 |
Common stock | 180000 |
Equipment | 240000 |
Operating expenses | 750000 |
Cash | 210000 |
Dividends | 60000 |
Supplies | 30000 |
Accounts payable | 120000 |
Accounts receivable | 90000 |
Retained earnings, 1/1/17 | 450000 |
Elstons retained earnings on December 31, 2017 are:
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