Blossom Company started the month of June 2022 with total assets of $202000 and total liabilities of $104000. During June, the business recorded $325000 in revenues, $166000 in expenses, and dividends of $63000. Stockholders’ equity at the end of June was

$179000.

$166000.

$104000.

$194000.

Based on the following data and assuming that the common stock account balance is $66000, what is the balance in retained earnings?

Accounts payable	$87000
Accounts receivable	56000
Cash	76000
Inventory	132000
Buildings	162000
Bonds payable	521000
Supplies	10300
Notes payable	57000
Equipment	353000

$145300$202300$124300$58300. 

Answer rating: 100% (QA)

Total Assets Total liabilities t Total eguity Buginning stadkhellace s... View the full answer