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
| $4,400 $5,400 $5,100 $4,100 $3,000 |
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Internal Auditing Assurance And Consulting Services
Authors: Kurt Reding, Paul Sobel, Michael Head, Sridhar Ramamoorti, Urton Anderson
2nd Edition
0894136437, 978-0894136436
