The Accounting Equation For each of the following cases, fill in the blank with the appropriate dollar
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Case 1 Case 2 Case 3 Case4 $75,000 $50,000 15,000 25,000 10,000 0,000 5,00 20,000 15,000 Retained earnings, beginning of period 15,000 8,000 0,000 20,000 $40,000 $ Total assets, end of period Total liabilities, end of period Capital stock, end of period 9,000 Net income for the period Dividends for the period 8,000 7000 2,000 1,000 3,000
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Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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