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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
. (TCO B & E) The following items are taken from the financial statements of Grove Company for 2010: Accounts Payable $ 18,500 Accounts Receivable 4,000 Accumulated Depreciation 4,800 Bonds Payable 18,000 Cash 24,000 Common Stock 25,000 Cost of Goods Sold 13,000 Depreciation Expense 4,800 Dividends 5,300 Equipment 48,000 Interest Expense 2,500 Patents 7,500 Retained Earnings, January 1 16,000 Salaries Expense 5,200 Sales Revenue 36,500 Supplies 4,500 Instructions Prepare an income statement and a retained earnings statement for Grove Company.
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