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TO Required information [The following information applies to the questions displayed below.] rt 4 of 4 A company started the year with the following: Assets
TO Required information [The following information applies to the questions displayed below.] rt 4 of 4 A company started the year with the following: Assets $102,000, Liabilities $32,000 Common Stock $62,000: Retained Earnings $8,000. During the year, the company earned revenue of $5,200, all of which was received in cash, and incurred expenses of $3,100, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $1,200 to owners. Assume no other activities occurred during the year. N 01.05.07 The amount of Assets at the end of the year is ES TERESSE
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