Question
The following information for the current year was obtained from the accounting records of safari supplies corporation: retained earnings, beginning - $74,900 retained earnings, ending
The following information for the current year was obtained from the accounting records of safari supplies corporation: retained earnings, beginning - $74,900 retained earnings, ending - 82,400 sales - 350,100 cost of goods sold - 212,200 selling expenses - 49,400 general and administrative expenses - 30,300 dividend revenue - 3,700 interest revenue - 1,700 interest expense - 900 income taxes expense - 20,600 calculate the following items.- a.total revenues
- b. total expenses
- c.net earnings
- d.dividends declared
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a b Total revenue dj Sales revenue Interest revenue Dividend revenue Total revenue 3700 3...Get Instant Access to Expert-Tailored Solutions
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Understanding Financial Accounting
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
1st Canadian Edition
1118849388, 9781119048572, 978-1118849385
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