ducation.wiley.com/was/0 Dashboard Welcome - Liferay 9 MLA Citation Gen ou Tube Desmos Goldlink Google Keep work Question 9 of 10 < > DONAVAN, INC. Balance Sheet Assets Cash $13,300 Inventory 16,300 Buildings 38,700 Total assets $68,300 Liabilities and Stockholders' Equity Liabilities Accounts payable $5,100 Stockholders' Equity Common stock (a) Retained earnings (b)
ducation.wiley.com/was/0 Dashboard Welcome - Liferay 9 MLA Citation Gen ou Tube Desmos Goldlink Google Keep work Question 9 of 10 < > DONAVAN, INC. Balance Sheet Assets Cash $13,300 Inventory 16,300 Buildings 38,700 Total assets $68,300 Liabilities and Stockholders' Equity Liabilities Accounts payable $5,100 Stockholders' Equity Common stock (a) Retained earnings (b)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 9 of 10
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DONAVAN, INC.
Balance Sheet
Assets
Cash
$13,300
Inventory
16,300
Buildings
38,700
Total assets
$68,300
Liabilities and Stockholders' Equity
Liabilities
Accounts payable
$5,100
Stockholders' Equity
Common stock
(a)
Retained earnings
(b)
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Question 9 of 10
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DONAVAN, INC.
Income Statement
Revenues
$85,600
Cost of goods sold
(c)
Salaries and wages expense
10,460
Net Income
(d)
DONAVAN, INc.
Retained Earnings Statement
Beginning retained earnings
$18,300
Add: Net inCome
(e)
Less: Dividends
4,520
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