Alpha Geek

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Accounting,Algebra See all
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Teaching Since: Apr 2017
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Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

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  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 24 Apr 2017 My Price 1.00

Anson Company started the year

 

On January 1, 2010, Anson Company started the year with a $250,000 credit balance in Retained Earnings and $300,000 balance in Contributed Capital. During 2010, the company earned net in- come of $50,000, declared a dividend of $15,000 and issued more stock for $12,500. What is to- tal stockholders’ equity on December 31, 2010?

a. $597,500. b. $585,000. c. $692,500.

d. None of the above.

 

 

Answers

Alpha Geek
(8)
Status NEW Posted 24 Apr 2017 06:04 AM My Price 1.00

Sto-----------ckh-----------old-----------er'-----------s E-----------qui-----------ty -----------ope-----------nin-----------g A-----------dde-----------d D-----------edu-----------cte-----------d c-----------los-----------ing----------- co-----------ntr-----------ibu-----------ted----------- ca-----------pit-----------al -----------300-----------,00-----------0 1-----------2,5-----------00 -----------0 3-----------12,-----------500----------- Re-----------tai-----------ned----------- ea-----------rni-----------ngs----------- 25-----------0,0-----------00 -----------50,-----------000----------- -1-----------5,0-----------00 -----------285-----------,00-----------0 t-----------ota-----------l-----------

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