___________________ _ are items that the bank adds to a depositor's account.
Fill in the blank(s) with correct word
Question 2
Assume 2011 is the company's first year of business. There were no dividends declared in 2011 and 100 of dividends declared in 2012.
For the year ended For the year ended
December 31, 2011 December 31, 2012
Revenues 300 2,500
Expenses (1,400)
Net Income 1. __
December 31, 2011 December 31, 2012
Assets 1,000 2,500
Liabilities ___ 2.
Contributed capital 300 300
Retained earnings ______________ 3. _____________
Determine the missing amounts, 1. Net income, 2. Liabilities of 200, and 3. Retained earnings of 1,400, in the condensed income statement and balance sheet for the year ended December 31, 2012.
A) 1. Net income of 1,100; 2. Liabilities of 200; 3. Retained earnings of 1,400
B) 1. Net income of 3,900; 2. Liabilities of 1,000; 3. Retained earnings of 1,300
C) 1. Net income of 1,100; 2. Liabilities of 1,000; 3. Retained earnings of 1,200
D) 1. Net income of 1,100; 2. Liabilities of 200; 3. Retained earnings of 1,200
Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu
Example of Reconciling a Bank Statement Cont.
Vehicles equipped with onboard refueling vapor recovery usually have a reduced-size fill tube.
Two water pipes together can fill a certain tank in 6 h
A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word
Piggy bank