ACCT 212 Week 1 Quiz

At the end current accounting period, account balances were as follows. Cash $28,000, Account Receivable, $44,000, Common Stock, $19,000, Retained Earnings $12 000. Liabilities for the period were: Question: Revenues were $147,000, expenses were $142,000, and cash dividends … and paid were $3,000. What were the next income and the change in the … earnings for the period? Question: Golden Company had the following accounts and balances at the end of the year. What are total assets at the end ...