Pet Corporation has been in the business of providing dog and cat grooming services since...
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Accounting
Pet Corporation has been in the business of providing dog and cat grooming services since 2010. The following information concerning financial activities during 2022 is available at December 31, 2022.
Grooming Revenue
$145,000
Cash
$29,000
Accounts Receivable
21,000
Advertising Expense
4,000
Land
48,000
Common Stock
55,000
Accounts Payable
17,000
Retained Earnings, 1/1/22
13,000
Salary Expense
59,000
Utilities Expense
11,000
Building
52,000
Rent Expense
23,000
Note Payable
36,000
Supplies
1,000
Dividends
8,000
Insurance Expense
10,000
Retained Earnings on December 31, 2022 is what?
Total assets as of December 31, 2022 are what?
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