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please find attached 2 questions from a current homework i have. please help me with the correct answer. 3. what are ending retained earnings in
please find attached 2 questions from a current homework i have. please help me with the correct answer.
3. what are ending retained earnings in the table bellow? Total Assets Total Liabilities Total Stockholder Equity Beginning Retained Earnings Ending Retained Earnings Dividends Revenues Expenses Net Income Cash Not enough information -20 20 50 70 300 120 30 ? 10 190 140 50 7. Which of these journal entries represent paying cash to reduce a liability? (check all that apply) Dr Retained Earnings 500 Cr Cash 500 Dr Land 100 Cr Cash 100 Dr Cash 300 Cr Accounts Payable 300 Dr Income Taxes Payable 500 Dr Cash 500 Dr Cash 1000 Cr Notes Payable 1000Step by Step Solution
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