MC Qu. 169 Ending liabilities are...
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Ending
liabilities are 69,250, beginning equity was $87,900, common stock
issued during year totaled $30,100, expenses for the year were $20,200,
dividends declared totaled $11,650, ending equity for the year is
$172,000, and beginning assets for the year were $226,500.What was
revenue for the year?
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| $157,250 | |
| $157,150 | |
| $138,600 | |
| $85,850 | |
| $50,300 |
172,000 + 11,650 + 20,200 – 30,100 – 87,900 = 85,850