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The financial statements of Edwards Employment Services Inc. reported the following accounts (adapted, with dollar amounts in thousands): Common shares: Total revenues $1,410 $500 Accounts
The financial statements of Edwards Employment Services Inc. reported the following accounts (adapted, with dollar amounts in thousands): Common shares: Total revenues $1,410 $500 Accounts payable 500shares issued 490 Long-term debt 28 Retained earnings 648 Other current liabilities 2,561 Total expenses 802 Use the Edwards Employment Services data to compute Edwards's: a. Net income b. Total liabilities c. Total assets (use the accounting equation) (Enter amounts in thousands as provided to you in the problem statement.) a. Net income is $ b. Total liabilities are $ c. Total assets are
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