Financial information related to the corporation of Ebony Interiors for February and March 2018 is as follows: February 28, 2018 March 31, 2018 Cash 137,300 233,000 Accounts receivable 77,800 89,400 Supplies 6,900 5,700 Accounts payable $35,200 $38,000 Common stock 130,000 130,000 Retained earnings ? ?
Financial information related to the corporation of Ebony Interiors for February and March 2018 is as follows: February 28, 2018 March 31, 2018 Cash 137,300 233,000 Accounts receivable 77,800 89,400 Supplies 6,900 5,700 Accounts payable $35,200 $38,000 Common stock 130,000 130,000 Retained earnings ? ?
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter20: Corporations: Organization And Capital Stock
Section: Chapter Questions
Problem 5MC: Treasury stock is listed as a(n) __________ on the balance sheet. (a) current liability (b) current...
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Financial information related to the corporation of Ebony Interiors for February and March 2018 is as follows:
February 28, 2018 | March 31, 2018 | |||
Cash | 137,300 | 233,000 | ||
77,800 | 89,400 | |||
Supplies | 6,900 | 5,700 | ||
Accounts payable | $35,200 | $38,000 | ||
Common stock | 130,000 | 130,000 | ||
? | ? |
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