PDA

View Full Version : Website that answers accounting homework


cassy22
Jun 29, 2012, 05:04 PM
An enterprise reported equity of $183,400 on January 1, 2009 and $169,700 on December 31, 2009. During the year net income was $10,600. The proprietor reported that drawings for the year consisted of cash plus merchandise valued at $2,800. How much was the cash drawings?

smoothy
Jun 29, 2012, 05:37 PM
An enterprise reported equity of $183,400 on January 1, 2009 and $169,700 on December 31, 2009. During the year net income was $10,600. The proprietor reported that drawings for the year consisted of cash plus merchandise valued at $2,800. How much was the cash drawings?

We don't hand out answers to homework... we help people that have already attempted it first...

cassy22
Jun 29, 2012, 05:48 PM
Thanks

cassy22
Jun 29, 2012, 05:49 PM
Was having difficulty answering

smoothy
Jun 30, 2012, 05:33 AM
What did you come up with... right or wrong... post it. Then we will help you with what you did wrong.