Exam (elaborations)
PENNFOSTER Final Accounting Exam Answers (100% Correct)
- Course
- PENNFOSTER
- Institution
- PENNFOSTER
Total Assets = Total Liabilities + Total Equities. = $ 23,500 + $ 56,500 Total Assets = $ 80,000 Q # 2 $ Sales 29,500 Less: Expenses: (33,000) Loss = (3,500) Less: Dividend paid (3.500) Add: Retained Earning = 65,000 Net Income For the Company = $ 58,000 2 Q # 3 Salary Account ...
[Show more]