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valina [46]
3 years ago
5

Whispering Winds Corp. compiled the following financial information as of December 31, 2022: Service revenue $836000 Common stoc

k 186000 Equipment 244000 Operating expenses 736000 Cash 215000 Dividends 60000 Supplies 30000 Accounts payable 111000 Accounts receivable 91000 Retained earnings, 1/1/22 447000 Whispering's assets on December 31, 2022 are:
Business
1 answer:
lawyer [7]3 years ago
5 0

Answer:

$580,000

Explanation:

The computation of the asset is shown below:

= Equipment + supplies + cash + account receivable

= $244,000 + $30,000 + $215,000 + $91,000

= $580,000

We simply added the four items so that the asset value could be determined

Hence, the asset is $580,000

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Kansas Company acquired a building valued at $166,000 for property tax purposes in exchange for 10,000 shares of its $4 par comm
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Answer:

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Explanation:

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The Journal Entry for the transaction is as follow:

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6 0
3 years ago
Question 13 of 20
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\:\huge\mathbb\red{Answer}

Option A is the correct answer

4 0
2 years ago
3 investment theories
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those are the answers you are looking for
3 0
3 years ago
Read 2 more answers
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I belive this is Undervaluing asserts.
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