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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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AVprozaik [17]

Answer:

the book value of the shareholder equity is $53,413

Explanation:

The computation of the book value of the shareholder equity is shown below;

Book value of shareholders equity is

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3 years ago
On January 1, 2019, Tonika Company issued a five-year, $10,000, 8% bond. The interest is payable annually each December 31. The
Alex777 [14]

Answer:

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4 years ago
Finishing Touches has two classes of stock authorized: 8%, $10 par preferred, and $1 par value common. The following transaction
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Answer:

See explaination and attachment

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See attachment for the step by step solution of the given problem.

8 0
3 years ago
If a prospective home buyer simply changes his or her mind after putting up earnest money, he or she usually forfeits the money.
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