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If cash is $5,959, accounts receivable is $13,768,notes payable is $6,132, retained earnings is $8,463 how much is stockholders' equity? QUESTION 2 Extreme Sports
If cash is $5,959, accounts receivable is $13,768,notes payable is $6,132, retained earnings is $8,463 how much is stockholders' equity? QUESTION 2 Extreme Sports sold 3,735 monthly subscriptions at $31 each for services provided during February. $20,531 was collected in cash and the rest was sold on account. What is the credit to Service Revenue? A QUESTION 3 EBN Sports operates a game facility. They offer monthly memberships for and also offer guest passes for nonmembers. They also sell gift cards and offer concession snacks and drinks. During the month of February, EBN Sports had the following activities take place. Received $8,064 cash from customers for membership services that had been earned in February. Received $7,447 cash from corporate customers billed in January for concession snacks and drinks provided for corporate events in January Received $2,745 cash from Andeavor as an advance on a company party to be held in March. What is the total net increase to assets in February?
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1 Stockholders Equity 5959 13768 8463 6132 22078 2 Credit to Service Revenue 3735 31 115605 3 Tota...Get Instant Access to Expert-Tailored Solutions
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