b12027159
Feb 11, 2013, 04:15 PM
How do I find the net income for year 2011?
December 31, 2010
Assets 35,000
Liabilities 22,500
December 31, 2011
Assets 41,000
Liabilities 27,500
During year 2011
Stock issuances 1,500
Net income ?
Cash dividends 3,000
December 31, 2010
Assets 35,000
Liabilities 22,500
December 31, 2011
Assets 41,000
Liabilities 27,500
During year 2011
Stock issuances 1,500
Net income ?
Cash dividends 3,000