thara williams
Jan 3, 2010, 05:58 PM
I need to find the missing number for this financial statement:
Total assets $325,000
Total liabilities ?
Paid in capital $40,000
Retained earnings ?
Net income $113,000
Dividends declared and paid during 2009 $65,000
Retained earnings at the beginning of 01/01/09 $42,000
How to calculate the missing amounts?
Total assets $325,000
Total liabilities ?
Paid in capital $40,000
Retained earnings ?
Net income $113,000
Dividends declared and paid during 2009 $65,000
Retained earnings at the beginning of 01/01/09 $42,000
How to calculate the missing amounts?