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TIM Property Management had the following account balances at the end of December: Accounts Beginning Retained earnings Land/Building Utilities expense Dividends Cash Salaries expense Common
TIM Property Management had the following account balances at the end of December: Accounts Beginning Retained earnings Land/Building Utilities expense Dividends Cash Salaries expense Common stock Supplies Service revenue Accounts payable Long term debt Balances $685,000 ? 26,000 125,000 150,000 526,000 750,000 3,000 800,000 42,000 450,000 15. $ _What were total expenses for the year? 16. $ _Calculate their net income for the year. 17. $ _Calculate their ending balance in Retained Earnings. 18. $ _What is their balance in stockholder's equity on 12/31. 19. $. What is the balance of the Land/Building account
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