Entity B started the year with total assets of $127,000 and total liabilities of $73,000....
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Entity B started the year with total assets of $127,000 and total liabilities of $73,000. During the year the business recorded $58,000 in revenues, $20,000 in expenses, and dividends of $6,000. Stockholders' equity at the end of the year was $86,000$127,000$54,000.$38,000 Entity E's balance sheet reveals that it has bonds payable maturing in five years with a balance of $10,000,000. The discount on bonds payable account also has a balance of $800,000. What is the carrying value of the bonds? $9,200,000$10,400,000$10,800,000$10,000,000 Here are several items that appear on an income statement. Net other (other revenues and gains netted against other expenses and losses) 500 How much is gross profit? $4,850$4,365$5,200$4,350
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Entity B started the year with total assets of $127,000 and total liabilities of $73,000. During the year the business recorded $58,000 in revenues, $20,000 in expenses, and dividends of $6,000. Stockholders' equity at the end of the year was $86,000$127,000$54,000.$38,000 Entity E's balance sheet reveals that it has bonds payable maturing in five years with a balance of $10,000,000. The discount on bonds payable account also has a balance of $800,000. What is the carrying value of the bonds? $9,200,000$10,400,000$10,800,000$10,000,000 Here are several items that appear on an income statement. Net other (other revenues and gains netted against other expenses and losses) 500 How much is gross profit? $4,850$4,365$5,200$4,350 