Question: CALCULATOR FULL SCREEN PRINTER VERSION BAC Multiple Choice Question 84 The income statement for the year 2020 of Riverbed Co. contains the following information: Revenues

 CALCULATOR FULL SCREEN PRINTER VERSION BAC Multiple Choice Question 84 The

CALCULATOR FULL SCREEN PRINTER VERSION BAC Multiple Choice Question 84 The income statement for the year 2020 of Riverbed Co. contains the following information: Revenues $71700 Expenses: Salaries and Wages Expense $43700 Rent Expense 11800 Advertising Expense 10200 Supplies Expense Utilities Expense 2400 Insurance Expense 1800 Total expenses 76400 Net income (loss) $ (4700) 6500 At January 1, 2020, Riverbed reported owner's equity of $50800. Owner drawings for the year totalled $10900. At December 31, 2020, the company will report owner's equlty of $35200. $39900. 525800 $46100

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