Question
X Company reported the following balance sheet information for 2019: January 1 December 31 total assets $14,493 $19,017 liabilities 6,134 5,120 paid in capital 5,214
X Company reported the following balance sheet information for 2019:
January 1 December 31
total assets $14,493 $19,017
liabilities 6,134 5,120
paid in capital 5,214 8,478
retained earnings 3,145 5,419
________________________________________
total equities $14,493 $19,017
assume that no dividends were paid in 2019. What was Net Income in 2019?
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Advanced Auditing And Assurance
Authors: Louise Kelly
1st Edition
978-1908199362
