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Financial Accounting 2nd edition -Chapter 1, Problem 5PSA

How was the retained earnings of 6300 achieved in the beginning balance?

Comhusker company provides the following information at the end of 2012.

cash remaining 3,800

rent expense for the year 6,000

land that has been purchased 20,000

retained earnings ?

utility expense for the year 3,900

accounts receivable from customers 6,200

service revenue earned during the year 32,000

salary expense for the year 12,300

accounts payable to suppliers 1,700

divideneds paid to shareholders during the year 2,200

common stock that has been issue prior to 2012 15,000

salaries owed at the end of the year 1,900

insurance expense for the year 2,500