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what is the answer here thanks! For the current year, CorpA reports the following amounts: Advertising Expense $31,200 Service Revenue $129,300 Buildings $108,000 Interest Expense
what is the answer here
thanks!
For the current year, CorpA reports the following amounts: Advertising Expense $31,200 Service Revenue $129,300 Buildings $108,000 Interest Expense $3,500 Salaries Expense $67,800 Utilities Expense $14,500 Accounts Payable $6,300 Equipment $25,700 Cash $6,400 Notes Payable $30,000 In addition, the company had common stock of $60,000 at the beginning of the year and issued an additional $15,000 during the year. The company also had retained earnings of $20,000 at the beginning of the year and paid dividends of $3,500. (Note: you may not need all the information to answer this question.) What is the amount of Common Stock reported in CorpA's balance sheet? $75,000 $28,800 $140,100 a $36,300Step by Step Solution
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