Question
Sunland Companycompiled the following financial information as of December 31, 2017: Service revenue$835000Common stock194000Equipment248000Operating expenses748000Cash217000Dividends63000Supplies37000Accounts payable125000Accounts receivable93000Retained earnings, 1/1/17447000 Sunlandstockholders' equity on December 31, 2017
Sunland Companycompiled the following financial information as of December 31, 2017:
Service revenue$835000Common stock194000Equipment248000Operating expenses748000Cash217000Dividends63000Supplies37000Accounts payable125000Accounts receivable93000Retained earnings, 1/1/17447000
Sunlandstockholders' equity on December 31, 2017 is:
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Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
8th edition
978-1118953907, 9781118953808, 1118953908, 1118953800, 978-1119491057
