Fill in the amounts for X,Y, and Z in the table. The company started business on July 1, 2008.June 30June 3020092010$2,000|$ 500$4,250$2,500$ 700AssetsLiabilitiesContributed CapitalRetained EarningsY$ 800$ 250$7,200$6,700RevenuesExpensesEFocusEnglish (United States)MacBook Prolili

Retained earnings on June 30, 2009 = Revenues - expenses = $800 - 250 = $550 Liabilities on June 30,…

Fill in the amounts for X,Y, and Z in the table. The company started business on July 1, 2008. June 30 June 30 2009 2010 $4,250 $2,500 $ 700 Assets $2,000 Liabilities Contributed Capital $ 500 Retained Earnings Y $ 800 $ 250 $7,200 $6,700 Revenues Expenses

Fill in the amounts for X,Y, and Z in the table. The company started business on July 1, 2008. June 30 June 30 2009 2010 $4,250 $2,500 $ 700 Assets $2,000 Liabilities Contributed Capital $ 500 Retained Earnings Y $ 800 $ 250 $7,200 $6,700 Revenues Expenses

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Fill in the amounts for X,Y, and Z in the table. The company started business on July 1, 2008.
June 30
June 30
2009
2010
$2,000
|
$ 500
$4,250
$2,500
$ 700
Assets
Liabilities
Contributed Capital
Retained Earnings
Y
$ 800
$ 250
$7,200
$6,700
Revenues
Expenses
EFocus
English (United States)
MacBook Pro
lili

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