How much did James Company have in expenses for the year? Assets, January 1 $ 65,000   Liabilities, January 1   34,000   Assets, December 31   85,000   Liabilities, December 31   44,000   Issuance of stock   7,200   Revenues   14,700   Expenses         Dividends   4,100

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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How much did James Company have in expenses for the year?

Assets, January 1 $
65,000
 
Liabilities, January 1  
34,000
 
Assets, December 31  
85,000
 
Liabilities, December 31  
44,000
 
Issuance of stock  
7,200
 
Revenues  
14,700
 
Expenses  
 
 
 
Dividends  
4,100
 
 
 
 
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