MC Qu. 169 Ending liabilities are...
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?
|
$157,250 | |
$157,150 | |
$138,600 | |
$85,850 | |
$50,300 |
172,000 + 11,650 + 20,200 – 30,100 – 87,900 = 85,850