balance sheet pharoah corporation began operations on january 1, 2025. the following information is available for pharoah on december 31, 2025. accounts payable $7,600 notes payable $12,400 accounts receivable 4,700 rent expense 12,700 advertising expense 4,230 retained earnings cash 5.800 service revenue 30,500 common stock 17,700 supplies 4,600 dividends 5,200 supplies expense 1,470 equipment 29,500

Question

manman1933 manman1933

08-09-2022
Business

contestada

balance sheet pharoah corporation began operations on january 1, 2025. the following information is available for pharoah on december 31, 2025. accounts payable $7,600 notes payable $12,400 accounts receivable 4,700 rent expense 12,700 advertising expense 4,230 retained earnings cash 5.800 service revenue 30,500 common stock 17,700 supplies 4,600 dividends 5,200 supplies expense 1,470 equipment 29,500

Respuesta :

Otras preguntas

a 6 pack of undershirts cost 13.98. this is 3.96 less than the cost of buying 6 individual shirts. ir each undershirt Costa fue same amount, how much does each

Why is niagara river important to the people of the northeast region?

a computer is on sale for $600 this is 75% of its original price. what was the original price of the computer?

Which approach to poverty seeks to redistribute wealth? Poverty to wealth approach Robin Hood approach Interventionist approach Trickle-down approach

What do w use non-renewable resources for?

Why were artists such as Alfred Jacob Miller and Jean-Francois Millet motivated to paint normal, everyday events? A.) to vent about frustrating events B.) to s

Propane is used as a fuel in most gas grills to cook food on during the warm summer months. When the propane is burned the following reaction takes place: C3H8(

why did the united states initially followed a policy of appeasement toward germany? a. united states wanted to focus on its own economic troubles b. united sta

What effects does acid rain have on the environment of Germany?

Hank earns $12 per hour for babysitting. How much does he earn for 15 hours of babysitting?

khuranashilpa76 khuranashilpa76 · Answer 1 · 2022-09-11T19:26:58+02:00

An income and loss statement refers to an economic announcement that summarizes the revenues, charges, and prices incurred during a specific usually quarter or fiscal year.

Assets in the order of liquidity

Cash -5800

Accounts receivable-4700

Equipment-29500

Supplies - 4600

Total of Assets-44600

Liablities and stock holders equity

Common stock- 17700

Retained earnings-6900

Accounts payable-7600

notes payable-12400

Total of Liabilities and stockholder equity= 44600

Calculation Of retained earnings

Service revenue- supplies expense- rent expense- advertising expense- dividends

= 30500-1470-12700-4230-5200

=6900

The accounting cycle is the system of accepting, recording sorting and crediting bills made and obtained within an enterprise at some stage in a particular accounting length. stability sheet ratio indicates the connection among objects of the stability sheet or analysis of stability sheet items to interpret an organization's outcomes on a quantitative foundation.

Learn more about The Balance sheet here:-https://brainly.com/question/2707508

#SPJ4