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Presented below are changes in the account balances of Al - Othman Company during the year, except for Retained Earnings. The only entries in Retained
Presented below are changes in the account balances of AlOthman Company during the year, except for Retained Earnings. The only entries in Retained Earnings were for net income and dividends. AlOthman declared dividends of $ and paid dividends of $ during the year. Calculate Net Income.
Account Change during year
Cash $
Accounts payable
Accounts receivable net
Accrued Expenses
Accumulated OCI
Additional paidin capital
Bonds payable
Common stock
HeldtoMaturity Bonds
Inventory
Long Term Prepaids
Non controlling Interest
Plant Assets net
Unearned Revenues
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