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what is the net income and earnings per share M4-8 Reporting an Income Statement with Earnings per Share LO4-2 Romney's Marketing Company has the following
what is the net income and earnings per share
M4-8 Reporting an Income Statement with Earnings per Share LO4-2 Romney's Marketing Company has the following adjusted trial balance at the end of the current year. No dividends were declared $3,000 are included below: Debit Credit Cash $ 1.500 Accounts receivable 2,200 Interest receivable 100 Prepaid insurance 1,600 Notes receivable (long-term) 2,800 Equipment 15,290 Accumulated depreciation $ 3.000 Accounts payable 2,400 Accrued expenses payable 3,920 Income taxes payable 2,700 Unearned rent revenue 500 Common Stock (800 shares) 80 Additional paid in capital 3,620 Retained earnings 2,000 Sales revenue Interest revenue 38,500 100 Rent revenue 800 Wages expense 19,500 Depreciation expense Us expenso 1,800 Insurance expense 380 750 Rent expense 9,000 Income tax expense 2,700 Total $ 57,620 $ 57,620 Prepare a militant M4-8 Reporting an Income Statement with Earnings per Share LO4-2 Romney's Marketing Company has the following adjusted trial balance at the end of the current year. No dividends were declared $3,000 are included below: Debit Credit Cash $ 1.500 Accounts receivable 2,200 Interest receivable 100 Prepaid insurance 1,600 Notes receivable (long-term) 2,800 Equipment 15,290 Accumulated depreciation $ 3.000 Accounts payable 2,400 Accrued expenses payable 3,920 Income taxes payable 2,700 Unearned rent revenue 500 Common Stock (800 shares) 80 Additional paid in capital 3,620 Retained earnings 2,000 Sales revenue Interest revenue 38,500 100 Rent revenue 800 Wages expense 19,500 Depreciation expense Us expenso 1,800 Insurance expense 380 750 Rent expense 9,000 Income tax expense 2,700 Total $ 57,620 $ 57,620 Prepare a militant Step by Step Solution
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