gotta be one
Sep 16, 2007, 01:17 PM
Assets Liabilities Capital Stock Retained Earnings
Case A $25,000 $ 9,000 12,500 $ 3,500
Case B $15,000 5000 $ 6,000 $4,000
Case C 5000 12,000 15,000 32,000
Case D $45,000 $25,000 $27,000 -7000
Is these # right 12,500
5,000
5,000
-7,000
gotta be one
Sep 16, 2007, 01:24 PM
Assets Liabilities Capital Stock Retained Earnings
Case A $25,000 $ 9,000 12,500 $ 3,500
Case B $15,000 5000 $ 6,000 $4,000
Case C 5000 12,000 15,000 32,000
Case D $45,000 $25,000 $27,000 -7000
is these # right 12,500
5,000
5,000
-7,000
expanded account. Equation
Assets Liabilities Capital Stock Retained Earnings
Case A $25,000 $ 9,000 12,500 $ 3,500
Case B $15,000 5000 $ 6,000 $4,000
Case C 5000 12,000 15,000 32,000
Case D $45,000 $25,000 $27,000 -7000
CaptainForest
Sep 16, 2007, 03:17 PM
Cases A, B and D are correct
Case C is 59,000
payge3
Sep 17, 2007, 07:51 PM
Cases A, B and D are correct
Case C is 59,000
How is C right?
CaptainForest
Sep 17, 2007, 11:58 PM
How is C right?
Are you asking why I say the answer is 59,000? Or are you asking why the Original Poster said the answer is 5,000?