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Sagot :
Answer and Explanation:
The computation of the missing amounts are shown below:
Common Stock $3,180
Dividends $130
Net income (loss) $1,563 (($5,047 - $3,614) + $130)
Retained earnings, beginning of year $3,614
Retained earnings, end of year $5,047
Total assets $15,584
Total expenses $3,004 ($4,567 - $1,563)
Total liabilities $7,357
Total revenues $4,567
- The calcuation of the missing amounts are as follows:
Common Stock $3,180
Dividends $130
Net income (loss) $1,563 (($5,047 - $3,614) + $130)
Retained earnings, beginning of year $3,614
Retained earnings, end of year $5,047
Total assets $15,584
Total expenses $3,004 ($4,567 - $1,563)
Total liabilities $7,357
Total revenues $4,567
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