the amount of goldens assets at the end of the year is? ...
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Accounting
the amount of goldens assets at the end of the year is?
Golden Enterprises started the year with the following: Assets $117,000; Liabilities $40,500, Common Stock $70,500; Retained Earnings $6,000. During the year, the company earned revenue of $6,200, all of which was received in cash, and incurred expenses of $3,600, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2,200 to owners. Assume no other activities occurred during the year. The amount of Golden's assets at the end of the year is: Multiple Choice O $123,200 $126,800. $125,800 $121,000
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