Skibbe, Inc., had the following information reported. From these data, determine the amount of: 1. Capital stock

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Skibbe, Inc., had the following information reported. From these data, determine the amount of:
1. Capital stock at December 31, 2008.
2. Retained earnings at December 31, 2009.
3. Revenues for the year 2009

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Financial Accounting

ISBN: 978-0324645576

10th edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice

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Question Posted: Sep 11, 2016 11:56 AM

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Skibbe, Inc., had the following information reported. From these data, determine the amount of: 1. Capital stock

Question:

December 31, 2008 December 31, 2009 .$125,000 30,000 Total assets $150,000 35,000 25,000 Total liabilities Retained earnings 75,000 102,500 2,500 Dividends paid during 2009

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Financial Accounting

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