Calculate the missing amounts. Cash Inventory Property Total assets Revenues Cost of sales Administrative expenses, including tax

Calculate the missing amounts.

Transcribed Image Text:

Cash Inventory Property Total assets Revenues Cost of sales Administrative expenses, including tax Profit Beginning retained earnings Profit Assets Dividends Ending retained earnings Required Calculate the missing amounts. $10 500 15 500 80 000 $106 000 Liabilities Accounts payable Equity Contributed equity Retained earnings Total liabilities and equity Statement of profit or loss Liabilities and equity Statement of changes in equity $200 000 (c) 14 000 $ (d) $ 12 000 (e) (8 000) $45.000 $26 000 (a) (b) $106 000 Cash Inventory Property Total assets Revenues Cost of sales Administrative expenses, including tax Profit Beginning retained earnings Profit Assets Dividends Ending retained earnings Required Calculate the missing amounts. $10 500 15 500 80 000 $106 000 Liabilities Accounts payable Equity Contributed equity Retained earnings Total liabilities and equity Statement of profit or loss Liabilities and equity Statement of changes in equity $200 000 (c) 14 000 $ (d) $ 12 000 (e) (8 000) $45.000 $26 000 (a) (b) $106 000

Answer rating: 100% (QA)

The detailed answer for the above question is provided be... View the full answer