Dividend = 3600.
Below is the calculation..
Dividend = | (Liabilities +Common stock+revenue - expenses)-Asset | ||||||
Dividend = | =(40000+60000+40000-26000)-110400 | ||||||
Dividend = | 3600 |
inunciai statement amounts. ded $ 91,000 S 118000 3000 33,000 36,000 48,000 86,000 81,000 300 $...
13.59 2. Use the expanded accounting equation to compute the missing financial statement amounts. Dividends Revenues Company 0 Assets S 54,000 = $ 93,300 = Common Stock $ 27,000 - $ 51,000 1 $ Liabilities $ 19,500 S 35,500 + Expenses $ 11,500 S 21.500 + $ 31,000 2 $ < Prev 2 of 6 Next > Me HI B 99. O Type here to search A SPI
ROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit Recerding sapplies and ideatifing their dfect on finenciel stetemeats Exercise 13-108 LO 13-1, 13-3, 13-4 Laurs Moss started and operated a small family consuking firm in Year L The firm was aflected by two events (1) Moss provided $36,000 of services on acount, and (2) she purchased $10,000 of supplies on account. There were $1800 of supplies on hand as of December 31, Year L...