Question
Whispering Winds Corp. compiled the following financial information as of December 31, 2017: Service revenue$1187000 Common stock247000 Equipment320000 Operating expenses992000 Cash283000 Dividends85000 Supplies43000 Accounts payable154000
Whispering Winds Corp. compiled the following financial information as of December 31, 2017:
Service revenue$1187000
Common stock247000
Equipment320000
Operating expenses992000
Cash283000
Dividends85000
Supplies43000
Accounts payable154000
Accounts receivable109000
Retained earnings, 1/1/17565000
Whispering stockholders' equity on December 31, 2017 is:
$675000.
$1007000.
$879000.
$922000.
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Financial Accounting
Authors: Jeffrey Waybright, Robert Kemp, Sherif Elbarrad
2nd Canadian edition
133375536, 9780133845396, 133845397, 978-0133375534
