Blossom Company began the year with stockholders' equity of $107700. During the year, Blossom issued stock for $ 147800, recorded expenses of $412000, and paid dividends of $27800. If Blossom's ending stockholders' equity was $290300, what was the company revenue for the year? $594600. $446800. $ 474600. $622400.
Blossom Company began the year with stockholders' equity of $107700. During the year, Blossom issued stock for $ 147800, recorded expenses of $412000, and paid dividends of $27800. If Blossom's ending stockholders' equity was $290300, what was the company revenue for the year? $594600. $446800. $ 474600. $622400.
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 21EA: James Corporation earned net income of $90,000 this year. The company began the year with 600 shares...
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