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On December 31, 20x4, the account totals were a follows: Cash $48,723 Unearned $21,289 Revenue Supplies $41,996 Common Stock $50,996 Prepaid Rent $6,604 Accounts $39,694
On December 31, 20x4, the account totals were a follows: Cash $48,723 Unearned $21,289 Revenue Supplies $41,996 Common Stock $50,996 Prepaid Rent $6,604 Accounts $39,694 Receivable Accounts $10,362 Payable Retained $xx Earnings Based on this information, calculate the total liabilities Solve for the missing revenues in 20x8: 20x7 20x8 $1,000 Assets $1,200 Liabilities $150 $180 Paid-in Capital $750 $850 Retained Earnings $100 $170 Revenues $2000 $ (?) Expenses $1800 $ 1,826 Dividends $ 100 $ 180 The following are some account totals for the year: Rent $169,549 Expense Unearned $200,643 Revenue Insurance $74,649 Expense Supplies $541,214 Expense Dividends $12,612 Revenue $1,074,883 Calculate the net income or loss
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