Question
X Company plans to prepare annual financial statements. After the company's first year of operation, the following financial statement information is available: Balance Sheet Total
X Company plans to prepare annual financial statements. After the company's first year of operation, the following financial statement information is available:
| Balance Sheet | |
| Total assets | $15,236 |
| Total liabilities | 6,827 |
| Total Paid-In Capital | 4,842 |
| Income Statement | |
| Total expenses | $17,426 |
What was total revenue for the year?
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
6th Edition
978-0470477144, 1118096894, 9781118214657, 470477148, 111821465X, 978-1118096895
