1. Business
  2. Accounting
  3. balance sheet assets cash inventory buildings total assets 12000 15000...

Question: balance sheet assets cash inventory buildings total assets 12000 15000...

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Balance Sheet Assets Cash Inventory Buildings Total assets $12,000 15,000 40,000 $67,000 Liabilities and Stockholders Equity iabilities Accounts payable Stockholders Equity $5,800 Common stock Retained earnings Total liabilities and stockholders equity $67,000 DONAVAN, INC. Income Statement $84,200 Revenues Cost of goods sold Salaries and wages expense Net Income 10,430 DONAVAN, INC. Retained Earnings Statement $17,000 Beginning retained earnings Add: Net income Less: Dividends Ending retained earnings 4,610 $32,000

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