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2 years ago

Solve for the unknown.

Mathematics

1 answer:

kenny6666 [7]2 years ago

8 0

Based on the balance sheet of Company MSK, we can find the unknown amount of Net Income (loss) to be $18,843.

<h3>What is the Net Income (loss)?</h3>

The Assets as at 2021 should be equal to the sum of liabilities and equity.

The Equity is:

= Issued stocks + Net income - Dividends

The missing figure is therefore:

35,564 = 15,721 + 1,400 + Net Income - 400

Net Income = 35,564 + 400 - 15,721 - 1,400

= $18,843

Find out more on the Net Income at brainly.com/question/20598931.

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