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ACCT212_WorkingPapers_E1-21A

ACCT212_WorkingPapers_E1-21A - FINANCIAL ACCOUNTING Eighth...

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FINANCIAL ACCOUNTING - Eighth Edition Solutions Manual Chapter 1: The Financial Statements Page 1 of 1 E 1-21A (10-20 min.) Total revenue ........................ $37.8 Investment assets ..................... $169.6 Receivables ........................... 0.9 Property and equipment, net .. 1.9 Current liabilities .................. 151.1 Other expenses ....................... 6.9 Common stock ...................... 14.0 Retained earnings, beginning 8.6 Interest expense…………… 0.8 Retained earnings, ending ..... ? 17.7 Cash .......................................... 2.1 Long-term liabilities……….. 2.8 Other assets .............................
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