mrihal
May 22, 2008, 06:19 PM
Haloran reported the following assets and liabilities balances at the end of 20D and 20E
For 20D: Total Assets : $6,800,000
Total Liabilities: $3,200,000
Cash: 750,000
For 20E: Total Assets: $7,600,000
Total Liabilitied: 3,600,000
Cash: 920,000
What is the Net Income/Loss for 20E?
Please answer ASAP.
Any help will be appreciated!
For 20D: Total Assets : $6,800,000
Total Liabilities: $3,200,000
Cash: 750,000
For 20E: Total Assets: $7,600,000
Total Liabilitied: 3,600,000
Cash: 920,000
What is the Net Income/Loss for 20E?
Please answer ASAP.
Any help will be appreciated!