Reference no: EM133000065
Total assets beginning of year $52,400 end of year$83,000 liabilities beginning of year $ 23,200 end of year $36,200
Problem 1: Determine net income (loss) of the following separate situations (For all requirements, loss should be entered minus sign)
A. additional common stock $4200 was issued and dividends of $8200 were paid during the current year
B. Additional common stock of $15,300 was issued and dividends were paid during the current year
C. No additional common stock was issued and dividends of $13,200 were paid during the current year
A. net income loss 150,800
B. net income loss 51,500
C. Net income loss 23,00