Question
Use the following account balance information to compute TOTAL ASSETS as of the END of the year. Cost of Goods Sold $9,000 Accounts Payable 1,100
Use the following account balance information to compute TOTAL ASSETS as of the END of the year.
Cost of Goods Sold $9,000
Accounts Payable 1,100
Paid-in Capital 2,000
Cash 400
Sales 10,000
Dividends 700
Retained Earnings (beginning) 1,000
Inventory 4,000
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Accounting Information Systems Controls And Processes
Authors: Leslie Turner, Andrea B. Weickgenannt
1st Edition
0471479519, 9780471479512
