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February 28, 2018 March 31, 2018 Cash 320,000 380,000 Accounts receivable 800,000 960,000 Supplies 30,000 35,000 Accounts payable 310,000 400,000 Common stock 200,000 200,000 Retained
| February 28, 2018 | March 31, 2018 | |||
| Cash | 320,000 | 380,000 | ||
| Accounts receivable | 800,000 | 960,000 | ||
| Supplies | 30,000 | 35,000 | ||
| Accounts payable | 310,000 | 400,000 | ||
| Common stock | 200,000 | 200,000 | ||
| Retained earnings | ? | ? | Determine the amount of net income for March, assuming that no additional common stock was issued and no dividends were paid during the month.? | |
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Principles Of Project Finance
Authors: E.R. Yescombe
1st Edition
0127708510, 978-0127708515
