https? canvas.astate.edu/courses/49744/quizzes C Reader O ebook Twitter Wikipedi
ID: 2437773 • Letter: H
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https? canvas.astate.edu/courses/49744/quizzes C Reader O ebook Twitter Wikipedia Yahoo News- Bookmarklet Creator ? HW12 (Chapter 12 Ho ezto.mheducation.co O a decrease to paid in capital for $180,000 uestion3 4 pts Ab Sc Carter Corporation reported the following amounts at the end of the first year of operations: contributed capital $60,000; total revenue $170,000; total assets $350,000. dividends $5,000, and total liabilities $140,000. Ending retained earnings and total expenses would be: An of t Yo Ac http reve an a End, retained earnings Total expenses $140,000 $145,000 $150,000 $155,000 $35,000 $55,000 $15,000 $10,000 Cha https Whic entry Failu https Mar 26 too low D Question 4 4 pts IMG 0593.JPExplanation / Answer
3.
COrrect answer is C
5.
As supplies are used so supplies expense will increase and the actual supplies will decrease
So correct answer is B
Beginning retained earnings 0 Dividend -5000 Revenue 170000 Expenses -15000 Ending retained earnings 150000 Total assets 350000 Less Total liabilities 140000 Total shareholders equity 210000 Less Contributed capital 60000 Ending retained earnings 150000Related Questions
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