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April 16, 2014

Homework Help: Accounting

Posted by Dan on Sunday, August 29, 2010 at 11:37am.

HOW DO I find the net icome for this company with this information?
Beginning of the year: ASSETS WERE
$810,000 lIABILTES WERE:$324,000
eND OF YEAR: aSSETS WERE: $1,296,000 AND lIABILTES WERE:$540,000.
cAPITAL STOCK OF $162,000 WAS ISSUSED
dIVIDENDS OF $72,OOO WERE PAID

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