Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Accounting (https://www.askmehelpdesk.com/showthread.php?t=800758)

  • Sep 5, 2014, 06:34 PM
    13aclark
    Accounting
    I am given Assets=24480
    Liabilities=16646
    Stock issuances=1400
    Cash dividends=2000
    What would be my net income?? I have tried everything
  • Sep 6, 2014, 06:46 AM
    paraclete
    well assets - liabilities = equity on that basis 24480 - 16646 = 7834

    equity = stock issued + earnings - dividends

    7834 = 1400 -2000 + ?

    really simple when you read a text book
  • Sep 7, 2014, 08:42 AM
    13aclark
    I read the text book. Just didn't understand. No need to be rude but thanks a lot jerk
  • Sep 8, 2014, 04:38 AM
    paraclete
    Don't be a Jerk yourself, now you do understand

  • All times are GMT -7. The time now is 06:43 PM.