BUSI1043 Unit 1-Practice Questions Question 1 ormation. Hint:in Identify the...
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BUSI1043 Unit 1-Practice Questions Question 1 ormation. Hint:in Identify the financial statement in which decision makers can find the following information some cases, more than one statement will report the needed data Current Assets Current Liabilities Common shares Office Supplies Accounts Payable Sales Revenue Salaries Expense Net Income Dividends Retained Earnings Question 2 Requirement 1: Fill in the missing amounts which correspond with a letter. Pure Air Beginning Assets S98 Liabilities Common shares Retained earnings 560 Ending Assets Liabilities Common shares Retained earnings Dividends $750 Income Statement Revenues Expenses Net Income 650 C statement of retained earnings will help you with your calculations. Question 2 Requirement 1: Fill in the missing amounts which correspond with a letter. PureAir Beginning Assets $98 Liabilities 57 Common shares Retained earnings 10 Ending Assets Liabilities Common shares Retained earnings Dividends B $60 10 136 95 Income Statement Revenues Expenses Net Income $750 | 650 C Hint: A statement of retained earnings will help you with your calculations
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