Please help me solve the following problems. Please be as clear as possible and no typos please :)1) Revenue $18,000Dividends $6,000Expenses $10,0001/1 Retained Earnings $4,00012/31 Retained Earnings-unknown2) Revenue $63,000Dividends $21,000Expenses $38,0001/1 Retained Earnings -unknown12/31 $16,0003) Revenue $46,000Dividends-unknownExpenses $30,0001/1 Retained Earnings $13,00012/31 Retained Earnings $22,0004) Revenue $97,000Dividends $0Expenses-unknown1/1 Retained Earnings $36,00012/31 Retained Earnings $57,0005) Revenue-unknownDividends $80,000Expenses $70,0001/1 Retained Earnings $28,00012/31 Retained Earnings $32,000
Please help me solve the following problems. Please be as clear as possible and no typos please :)1) Revenue $18,000Dividends $6,000Expenses $10,0001/1 Retained Earnings $4,00012/31 Retained Earnings-unknown2) Revenue $63,000Dividends $21,000Expenses $38,0001/1 Retained Earnings -unknown12/31 $16,0003) Revenue $46,000Dividends-unknownExpenses $30,0001/1 Retained Earnings $13,00012/31 Retained Earnings $22,0004) Revenue $97,000Dividends $0Expenses-unknown1/1 Retained Earnings $36,00012/31 Retained Earnings $57,0005) Revenue-unknownDividends $80,000Expenses $70,0001/1 Retained Earnings $28,00012/31 Retained Earnings $32,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me solve the following problems. Please be as clear as possible and no typos please :)
1) Revenue $18,000
Dividends $6,000
Expenses $10,000
1/1
12/31 Retained Earnings-unknown
2) Revenue $63,000
Dividends $21,000
Expenses $38,000
1/1 Retained Earnings -unknown
12/31 $16,000
3) Revenue $46,000
Dividends-unknown
Expenses $30,000
1/1 Retained Earnings $13,000
12/31 Retained Earnings $22,000
4) Revenue $97,000
Dividends $0
Expenses-unknown
1/1 Retained Earnings $36,000
12/31 Retained Earnings $57,000
5) Revenue-unknown
Dividends $80,000
Expenses $70,000
1/1 Retained Earnings $28,000
12/31 Retained Earnings $32,000
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