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hw help The following is a company's adjusted trial balance for June 30 Use the adjusted trial balance below to answer questions 18 through 21
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The following is a company's adjusted trial balance for June 30 Use the adjusted trial balance below to answer questions 18 through 21 Credit Debit 7.130 6.210 13,500 2.400 9.000 8.510 Cash Accounts Receivable Equipment Accounts Payablo Common Stock Retained Earings Cash Dividends Fees Earned Salary Expense Rent Expense Supplies Expense Miscellaneous Expense TOTAL 1.200 21,830 9,320 2.030 1.340 1,010 41.740 41.740 18 What amount of net income will appear on the income statement for the month? 19 What amount of cash dividends will appear on the retained earnings statement for the month? $ 20. What amount of total assets will appear on the balance sheet at the end of the month? $ 21. What amount of retained earnings will appear on the balance sheet at the end of the month? 22 The total assets and the total liabilities of a business at the beginning and at the end of the year are listed below During the year, cash dividends of $27,800 were paid and additional common stock was issued in exchange for cash of $21,700. Beginning of the year End of the year Assets $239,800 287,800 Liabilities $155.900 179,900 The amount of net income for the year was Step by Step Solution
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