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Use the following information for the year ended December 31, 2022. Supplies $ 1,000 Service...

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Accounting

Use the following information for the year ended December 31, 2022.

Supplies

$ 1,000

Service revenue $18,000

Other operating expenses

12.000

Cash

15,000

Accounts payable

9.000

Dividends

1,000

Accounts receivable

3.000

Notes payable

1,000

Common stock

9.000

Equipment

13.000

Retained earnings (beginning)

5,000

Calculate the following: (Enter loss using either a negative sign preceding the number es.-45 or parentheses eg. (45k.

Net income / (net loss)

Ending retained earnings

Total assets

eTextbook and Media

80 F

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W

S

$

4

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D

888 Fa

R

F

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5

Answer & Explanation Solved by verified expert
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