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Use the following to answer questions 27 29 The Company had the following Net Income (Loss) 20A - 20D. Determine their Ending Retained Earnings amount
Use the following to answer questions 27 29 The Company had the following Net Income (Loss) 20A - 20D. Determine their Ending Retained Earnings amount for each year. (Keep you answer "in millions" like the example. The Company (In Millions) Ending Retained Net Income or (Loss) Dividends Earnings Year $3.25 $1.25 $2.00 20A 20B ($1.05) $0.05 27. 20C $3.95 $1.85 28. 20D $2.65 $2.00 29. Use the following to answer questions 30 33 The following account balances appear in the 20XC year-end POST-closing trial balance of BAC Corporation: $82,000 Cash Accounts Receivable 63,000 Inventory 185,000 Equipment Accumulated Depreciation 698,500 98,500 Accounts Payable 50,000 Notes Payable 300,000 Common stock 400,000 Retained earnings ? 30. $ Determine the total amount of debits that would be shown on the post-closing trial balance 31. $ Determine retained earnings that would be shown on the post-closing trial balance 32. $ Determine total current assets 33. $ Determine the book value of the equipment
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