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Mehta Company compiled the following financial information as of December 31, 2022: Revenues $340,000 Retained earnings (1/1/22) 60,000 Equipment 80,000 Expenses 250,000 Cash 90,000 Dividends
Mehta Company compiled the following financial information as of December 31, 2022: Revenues $340,000 Retained earnings (1/1/22) 60,000 Equipment 80,000 Expenses 250,000 Cash 90,000 Dividends 20,000 Supplies 10.000 Accounts payable 40.000 Accounts receivable 70.000 Common stock 80,000 Mehta's stockholders' equity on December 31, 2022 is O $70,000 O $90,000. O $130,000 O $250,000
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