Washington Co. has a Treasury shares T-account at the beginning of 2019 (01.01.2019), that can be seen below: Treasury S
Posted: Thu May 19, 2022 12:55 pm
Company had the following trial balance at the end of 2019 (31.12.2019): Note: some of the assets and liabilities not mentioned. Unpaid dividend: Cash Equivalents: $4500 $8600 $3000 Revenues: $600 Interest income: Dividend income: $600 ($1300) $5400 Cost of Goods Sold: Marchandises: Share Capital: Share Premium: $59700 $23400 $600 Other Comprehensive Income: Calculate the Net profit/Loss amount at the end of 2019 (31.12.2019).
Washington Co. has a Treasury shares T-account at the beginning of 2019 (01.01.2019), that can be seen below: Treasury Shares BF 2,000 Retained Earnings BF3,000 The