Relationship #1 Relationship #2 Beginning Retained Earnings 42000 Relationship #3 Revenues 35000 Assets 54000 Expenses Net Income 25000 Net Income 10000 Liabilities 22000 10000 Dividends 6000 Common Stock 32000 Ending Retained Earnings Retained Earnings 46000 1000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Can you help me check if I did it right thanks
A
B
G
* View the tutorial, then complete the worksheet, replacing the question marks below with formulas.
Given Information:
Revenues
$35,000
Expenses
25,000
Beginning Retained Earnings
42,000
Dividends
6,000
Liabilities
22,000
11
Common Stock
32,000
12
13
Relationship #1
14
Relationship #2
Relationship #3
Revenues
Beginning Retained Earnings 42000
Net Income
15
35000
Assets
54000
Expenses
25000
16
10000
Liabilities
22000
17
Net Income
10000
Dividends
6000
Common Stock
32000
Ending Retained Earnings
18
46000
Retained Earnings
1000
19
20
21
Transcribed Image Text:A B G * View the tutorial, then complete the worksheet, replacing the question marks below with formulas. Given Information: Revenues $35,000 Expenses 25,000 Beginning Retained Earnings 42,000 Dividends 6,000 Liabilities 22,000 11 Common Stock 32,000 12 13 Relationship #1 14 Relationship #2 Relationship #3 Revenues Beginning Retained Earnings 42000 Net Income 15 35000 Assets 54000 Expenses 25000 16 10000 Liabilities 22000 17 Net Income 10000 Dividends 6000 Common Stock 32000 Ending Retained Earnings 18 46000 Retained Earnings 1000 19 20 21
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