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I need help with 23-28 Use the following to answer questions 23 - 28 On-the-Go Foods provides food delivery services to construction sites. At the
I need help with 23-28
Use the following to answer questions 23 - 28 On-the-Go Foods provides food delivery services to construction sites. At the end of the year, the company reports the following amounts: Cash Food trucks Maintenance expense Note payable Service revenue Food expense $30,000 300,000 33,000 150,000 650,000 300,000 Accounts payable Garage/Office Salaries expense Salaries payable Paper supplies used Paper supplies $12,000 734,000 175,000 15,000 4,500 500 In addition, the company had common stock of $500,000 at the beginning of the year and issued an additional $100,000 of stock during the year. The company also had retained earnings of $225,000 at the beginning of the year and declared $75,000 in dividends during the year. 23. $. Determine Net Income 24. $ Determine ending Common Stock 25. $ _Determine ending Retained Earnings 26. $ Determine Total Assets 27. $ Determine Total Liabilities 28. $_ Determined Total Stockholders' EquityStep by Step Solution
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