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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 27, 2016



Title: Vista Camera Services started the year with total assets of $110,000 and total liabilities of ...
Post by: H3Ko on Aug 27, 2016
Vista Camera Services started the year with total assets of $110,000 and total liabilities of $45,000. The revenues and the expenses for the year amounted to $120,000 and $90,000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $50,000. What is the amount of stockholders' equity at the end of the year?
A) $90,000
B) $50,000
C) $120,000
D) $45,000


Title: Re: Vista Camera Services started the year with total assets of $110,000 and total liabilities of ...
Post by: butterfly127 on Aug 27, 2016
d


Title: Re: Vista Camera Services started the year with total assets of $110,000 and total liabilities of ...
Post by: H3Ko on Oct 12, 2016
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right


Title: Re: Vista Camera Services started the year with total assets of $110,000 and total liabilities of ...
Post by: butterfly127 on Oct 12, 2016
You are welcome!!