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Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. CALCULATOR FULL SCREEN DONAVAN, INC. Balance Sheet Assets Cash Inventory Buildings Total assets
Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts.
CALCULATOR FULL SCREEN DONAVAN, INC. Balance Sheet Assets Cash Inventory Buildings Total assets $13,500 16,500 38,500 $68,500 Liabilities and Stockholders' Equity Liabilities Accounts payable Stockholders' Equity $5,300 Common stock 38,8 80 (a) Retained earnings 24,320(b) Total liabilities and stockholders' equity $68,500 DONAVAN, INC. Income Statement Revenues $85,200 Cost of goods sold 64,600(C) CALCULATOR FULL SCREEN DONAVAN, INC. Balance Sheet Assets Cash Inventory Buildings Total assets $13,500 16,500 38,500 $68,500 Liabilities and Stockholders' Equity Liabilities Accounts payable Stockholders' Equity $5,300 Common stock 38,8 80 (a) Retained earnings 24,320(b) Total liabilities and stockholders' equity $68,500 DONAVAN, INC. Income Statement Revenues $85,200 Cost of goods sold 64,600(C)Step by Step Solution
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