FINANCIAL ACCOUNTING-TEXT
FINANCIAL ACCOUNTING-TEXT
6th Edition
ISBN: 2810023103767
Author: DYCKMAN
Publisher: CAMB BUS
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Chapter 2, Problem 53P

a.

To determine

Prepare a year-end balance sheet.

b.

To determine

Calculate the net income or net loss for 2018 if Company paid $12,000 cash as dividends.

c.

To determine

Calculate the net income or net loss for 2018 if Company issued an additional $13,500 as common stock and paid $21,000 cash dividends.

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