Sunland Company compiled the following financial information as of December 31, 2018: Revenues $336000 Retained earnings (1/1/18) 59700 Equipment 80700 Expenses 249900 Cash 89100 Dividends 20800 Supplies 10000 Accounts payable 39400 Accounts receivable 70000 Common stock 79900 Sunland’s assets on December 31, 2018 are $179800. $356700. $486300. $249800.
Sunland Company compiled the following financial information as of December 31, 2018: Revenues $336000 Retained earnings (1/1/18) 59700 Equipment 80700 Expenses 249900 Cash 89100 Dividends 20800 Supplies 10000 Accounts payable 39400 Accounts receivable 70000 Common stock 79900 Sunland’s assets on December 31, 2018 are $179800. $356700. $486300. $249800.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Sunland Company compiled the following financial information as of December 31, 2018:
| Revenues | $336000 |
| 59700 | |
| Equipment | 80700 |
| Expenses | 249900 |
| Cash | 89100 |
| Dividends | 20800 |
| Supplies | 10000 |
| Accounts payable | 39400 |
| 70000 | |
| Common stock | 79900 |
Sunland’s assets on December 31, 2018 are
|
|
$179800. |
|
|
$356700. |
|
|
$486300. |
|
|
$249800. |
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