Assets = Liabilities+ Stockholders\' Equity Cash + Supplies + Land = Accounts Pa

Question

Assets = Liabilities+ Stockholders' Equity Cash + Supplies + Land = Accounts Payable + Capital Stock + Retained Earnings - Dividends + Fees Earned Expenses Ba 25,700 3,300 64,300 6,900 21,400 65,000 +30,100 30,100 +12,900 2 3. 22,400 4 -12,900 22,400 +1,300 +1,300 -1,700 -1,700 6,200 6 7. Ba 12,600 2,000 77,200 -6,200 -2,600 -2,600 2,000 21,400 65,000 -1,700 30,100 25,000 Screen Shot 2017-11-03 at 3.50.10 PM Q Search b. What is the amount of the net decrease in cash during the month? 13,100 c. What is the amount of the net increase in stockholders' equity during the month? 3,400 d. What is the amount of the net income for the month? e. How much of the net income for the month was retained in the business?

Explanation / Answer

(b) What is the amount of the net decrease in cash during the month?

(C) What is the amount of the net increase in stakeholders equity during the month?

(d) What is the amount of the net income for the month?

(e) How much of the net income for the month was retained in the business?

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