Parrish 1-3 #3 Please find the missing amount listed below. Please provide the equation and method used to find this amount. Please be specific and thorough in your explanation. Revenue $5000 Dividends declared $ Unknown Expenses $4000 RE 1/1 $ 8000 RE 12/31 $3000

Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter2: Analyzing Transactions
Section: Chapter Questions
Problem 2.3ADM
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Parrish 1-3 #3

Please find the missing amount listed below. Please provide the equation and method used to find this amount. Please be specific and thorough in your explanation.

Revenue $5000

Dividends declared $ Unknown

Expenses $4000

RE 1/1 $ 8000

RE 12/31 $3000

 

 

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