Question: Required information Problem 2-20A (Algo) Showing how events affect the horizontal financial statements model LO 2.1 [The flowing information applies to the questions displayed below)
Required information Problem 2-20A (Algo) Showing how events affect the horizontal financial statements model LO 2.1 [The flowing information applies to the questions displayed below) Maben Company was started on January 1 Yeart, and experienced the following events during its first year of operation 1 Acquired $32.000 cash from the issue of common stock 2. Bonowed 544000 cash from National Bank 3. Eamed cash revenues of 500.000 for performing services 4 Paid cash expenses of 551000 S. Paid a $2.200 cash dividend to the stockholders 5 Acquired an adonal $32,000 cash from the issue of common stock 7. Pad 11000 cash to reduce the principal balance of the bank note 8 Paid $49.000 cash to purchase und 3. Determined that the market value of the tand is 509.000 Problem 2-20A (Algo) Portf Determine the percentage of assets that were provided by investors, creditors, and earnings (Round your answers to 2 decimal places) Credo tang
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