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. Using the financial information below find retained earning for december 31 2019 prepaid expenses $ 1,600 account receivable $ 9,800 salaries payable $ 5,000
. Using the financial information below find retained earning for december 31 2019
| prepaid expenses | $ 1,600 |
| account receivable | $ 9,800 |
| salaries payable | $ 5,000 |
| dividends | $ 8,000 |
| cost of goods sold | $ 29,500 |
| inventory | $ 18,500 |
| rent expense | $ 12,250 |
| salaries expense | $ 35,000 |
| sales revenue | $ 130,000 |
| common shares | $ 20,000 |
| cash | $ 48,500 |
| accounts payable | $ 18,000 |
| utilities expense | $ 16,250 |
| retained earnings January 1,2019 | $ 6,400 |
| retained earnings December 31 2019 | ? |
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Complete Business Statistics
Authors: Amir Aczel, Jayavel Sounderpandian
7th Edition
9780071077903, 73373605, 71077901, 9780073373607, 77239695, 978-0077239695
