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jharsin
Oct 13, 2007, 07:52 PM
i need some serious easy help in my accounting i'm a network major and this stuff is a totally different language

i need to calculate ,,,net income,,,retained earnings,,and total assets from this


salaries expense=4000 commissions earned=20000
accounts payable=7000 retained earnings december 31,20x8=?
dividends= 6000 utilities expense=2000
accounts receivable=8000 retained earnings december 31, 20x7=16000
inventories=22000 common stock =10000
cash=?
salaries payable=1000