Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what is the equity for december 31, 2016? add: ne

What is the equity for December 31, 2016? Add: Net Income: $7,382 Add: Stock...

60.1K

Verified Solution

Question

Accounting

What is the equity for December 31, 2016?

Add: Net Income: $7,382

Add: Stock Issuances: $6,500

Less: Cash Dividends: $11,000

December 31, 2017: Assets: $102,120. Liabilities: $80,674.

Equity: December 31, 2017: $21,446

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Find the equation in terms of z of the line through the points 2 3...

Basic Math
Q

cholesterol is the major bio-molecule that causes heart attack; this molecule is classified as a steroid....

Chemistry
Q

The power of the U.S. president has evolved since the great depression. Develop an argument to...

Economics
Q

Variants of SARS-CoV-2 have emerged that have differences in the spike protein. These differences can affect...

Biology
Q

Two masses of 200 g and 300 g are attached to the 20 cm and...

Physics
Q

Privacy issues: In a Fall 2014 Pew Research survey, 25% of American adults say they...

Basic Math
Q

Add or subtract Simplify by collecting like terms if possible 9 500 108 4 32...

Algebra
Q

how can i caculate how a company has managed its inventory and why is managing...

Accounting
Q

32. SPECIAL JOURNALS: In which journal is a sale on account recorded? ...

Accounting
Q

Romans Corporation has two production departments, Milling and Customizing. The company uses a job-order costing...

Accounting
Q

Selected comparative financial statements of Korbin Company follow KORBIN COMPANY Comparative Incone Statements For Years...

Accounting
Q

e. HCA is the largest private operator of health care facilities in the world with...

Finance