Lexington Company engaged in the following transactions during Year its first year in operation: Assume all transactions are cash transactions.
Acquired $ cash from issuing common stock.
Borrowed $ from a bank.
Earned $ of revenues.
Incurred $ in expenses.
Paid dividends of $
Lexington Company engaged in the following transactions during Year : Assume all transactions are cash transactions.
Acquired an additional $ cash from the issue of common stock.
Repaid $ of its debt to the bank.
Earned revenues, $
Incurred expenses of $
Paid dividends of $
What is the amount of total assets that will be reported on Lexington's balance sheet at the end of Year
Multiple Choice
$
$
$
$
