Blue Spruce Corp.compiled the following financial information as of December 31, 2022: Service revenue $840000 Common stock 190000 Equipment 254000 Operating expenses 727000 Cash 205000 Dividends 64000 Supplies 30000 Accounts payable 109000 Accounts receivable 90000 Retained earnings, 1/1/22 451000 Blue's stockholders' equity on December 31, 2022 is: O $731000. O $660000. O $481000. O $690000.
Blue Spruce Corp.compiled the following financial information as of December 31, 2022: Service revenue $840000 Common stock 190000 Equipment 254000 Operating expenses 727000 Cash 205000 Dividends 64000 Supplies 30000 Accounts payable 109000 Accounts receivable 90000 Retained earnings, 1/1/22 451000 Blue's stockholders' equity on December 31, 2022 is: O $731000. O $660000. O $481000. O $690000.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 3MC: Prince Corporations accounts provided the following information at December 31, 2019: What should be...
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