Parrish 1-9 Pg 18 Please solve the following problems and show me how you arrived at the correct answer   1) Reveneues $18000     Dividends declared $6000     Expenses $10000     Jan 1 RE $4000     Dec 31 RE $UNKNOWN 2) Revenues $63000     Dividends declared $21000     Expenses $38000     Jan 1 RE  $UNKNOWN     Dec 31 RE $16000 3) Revenues $46000     Dividends declared $UNKOWN     Expenses $30000     Jan 1 RE $13000    Dec 31 RE $22000 4) Revenue $97000     Dividends delcared $0     Expenses $UNKOWN     Jan 1 RE $36000     Dec 31 $57000 5) Revenue $UNKOWN     Dividends declared $80000     Expenses $$70000     Jan 1 RE $28000    Dec 31 $32000

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter1: Accounting And The Financial Statements
Section: Chapter Questions
Problem 65BPSB: Problem 1-65B Relationships Among Financial Statements Leno Corporation reported the following...
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Parrish 1-9 Pg 18

Please solve the following problems and show me how you arrived at the correct answer

 

1) Reveneues $18000

    Dividends declared $6000

    Expenses $10000

    Jan 1 RE $4000

    Dec 31 RE $UNKNOWN

2) Revenues $63000

    Dividends declared $21000

    Expenses $38000

    Jan 1 RE  $UNKNOWN

    Dec 31 RE $16000

3) Revenues $46000

    Dividends declared $UNKOWN

    Expenses $30000

    Jan 1 RE $13000

   Dec 31 RE $22000

4) Revenue $97000

    Dividends delcared $0

    Expenses $UNKOWN

    Jan 1 RE $36000

    Dec 31 $57000

5) Revenue $UNKOWN

    Dividends declared $80000

    Expenses $$70000

    Jan 1 RE $28000

   Dec 31 $32000

 

 

 

 

 

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