Business, 30.07.2021 05:10 awesomebutterfly

Use the following information for the year ended December 31, 2022. Supplies $1,500
Service revenue $19,000
Other operating expenses 10,000
Cash 15,000
Accounts payable 11,000
Dividends 6,000
Accounts receivable 4,000
Notes payable 1,000
Common stock 10,000
Equipment 9,500
Retained earnings (beginning) 5,000

Calculate the following:
a. Net income / (net loss)
b. Ending retained earnings
c. Total assets

Answers: 2

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Use the following information for the year ended December 31, 2022. Supplies $1,500
Service...

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