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QUESTION 5 Fill in the blanks in the following table, entering dividends as positive numbers: Account Column 1 Beg. Retained Earnings 5,000 Column 2
QUESTION 5 Fill in the blanks in the following table, entering dividends as positive numbers: Account Column 1 Beg. Retained Earnings 5,000 Column 2 Column 3 15,000 Revenue 25,000 64,000 Cost of goods sold 34,000 13,000 Gross Profit 15,000 23,000 Other Operating Expenses 7,000 16,000 Net Income 17,000 Dividends 1,000 3,000 End. Retained Earnings 39,000 20,000
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