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on Misra Company compiled the following financial information as of December 31 2015 Revenues $340 000 Retained earnings ( 1/1/15 ) 60 000 Equipment 10.000

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on Misra Company compiled the following financial information as of December 31 2015 Revenues $340 000 Retained earnings ( 1/1/15 ) 60 000 Equipment 10.000 Expenses 250.000 Cash 90.000 Dividends 20.000 Supplies 10.000 Accounts payable 40.000 Accounts receivable 70.000 Common stock 80.000 Misra's assets on December 31 , 2015 are a . $180.000 b . $250 000 360.000

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