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GREYUIT [131]
3 years ago
15

On november 1, current year, rockcreek corporation invested 60,000 in a new delivery truck. the truck is being depreciated at a

monthly rate of $900. during the current year, the company issued stock for $96,000 and declared dividends of $12,000. its net income in current year was $108,000. rock creek ending retained earnings balance as reported in its december 31, current year, balance sheet was $120,000. its beginning capital stock balance on january 1, current year, was $180,000.determine the total stockholders' equity reported in the company's balance sheet dated december 31, current year.
Business
1 answer:
omeli [17]3 years ago
8 0
The answer would be the stockholders w=equity minus
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