subject
Business, 12.11.2020 18:50 ndndndjdjdjdn

Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN, INC.
Balance Sheet

Assets

Cash
$ 14,100

Inventory
17,100

Buildings
37,900

Total assets

$69,100

Liabilities and Stockholders' Equity

Liabilities

Accounts payable
$ 5,200

Stockholders' Equity

Common stock
Entry field with correct answer

(a)
Retained earnings
Entry field with correct answer

(b)
Total liabilities and stockholders' equity

$69,100

DONAVAN, INC.
Income Statement

Revenues

$85,800

Cost of goods sold
Entry field with incorrect answer now contains modified data

(c)
Salaries and wages expense
10,400

Net Income

$
Entry field with incorrect answer now contains modified data

(d)
DONAVAN, INC.
Retained Earnings Statement

Beginning retained earnings
$19,100

Add: Net income

Entry field with incorrect answer now contains modified data

(e)
Less: Dividends

4,710

Ending retained earnings
$34,100

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 20:50, josephvcarter
Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?
Answers: 2
image
Business, 22.06.2019 06:00, esnyderquintero
Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.
Answers: 1
image
Business, 22.06.2019 09:50, anonymous777739
Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000
Answers: 1
image
Business, 22.06.2019 16:50, babydolltia28
The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 1
You know the right answer?
Here are incomplete financial statements for Donavan, Inc. Calculate the missing amounts. DONAVAN,...

Questions in other subjects:

Konu
English, 13.10.2019 11:30
Konu
Social Studies, 13.10.2019 11:30