. Purchasing and C) Real D) T he Pinay A eneris Stock $67.000, and Re incurred expenses of St other active c a a S107.000. La r the company camere d Gends of St.700 W . A h e The amount of Gold's A) 53,650 150 C 1.700 the end of the years DS.700 $ The Publish or Parish Printing Company and a dividend to stockholders. This will be reported on the A) statement of retained carings B) balance sheet C) audit report D) income statement 9) At the end of last year, the company's assets totaled $861.000 and its liabilities totaled $740.500. During the current year, the company's total assets increased by $58,100 and its total liabilities increased by $24.050. AL the end of the current year, stockholders' equity was A) S34,050 B) S154,550 C) $178,600. D) SI20,500 10) Net income appears on which of the following financial statements? A) Balance sheet and statement of cash flows B) Balance sheet and statement of retained earnings C) Income statement and statement of retained earnings D) Balance sheet and income statement II) Accounts receivable are: A) always less than the company's cash. B) amounts the company expects to collect for previous credit sales. C) reported in the liabilities section of the balance sheet. D) amounts the company expects to pay for previous credit sales. E) reported on the income statement