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Old June 11th, 03:52 PM   #1 (permalink)
thepunkdrummer
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Accounting Help

Ok, I'm taking an online accounting class over the summer to get it outta the way. The book sucks in explaning everything. Anywho, anyone on here be able to help me out on just one assignment?
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1994 Mustang GT
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Old June 11th, 04:04 PM   #2 (permalink)
thepunkdrummer
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Income statement:
Revenues $550 G $120
Expenses A 2600 M
Net Income B H $40

Statement of retained earnings:
Beg. Balance 1450 7700 100
Net Income: C 800 N
Less Divid. 100 I O
End Balance 1500 J P

Balance Sheet:
Total Assets: D 15000 Q
Liabilities 800 2500 R
Stockholder
Equity:
Common 1000 5000 50
Retained
Earnings: E k 140
Total lia-
bilities
and
equity F L 290


there ya have it folks
I know it sucks, but each column deals with all those numbers. Each letter is what number I need to know
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2003 Tiburon GT
Lil' show, lil' go

1994 Mustang GT
5-speed/306 in the works!

Get Blown!

Last edited by thepunkdrummer : June 11th at 04:06 PM. Reason: etc
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Old June 11th, 06:28 PM   #3 (permalink)
DaBluedevil
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Your book doesn't have equations to work backwards with?
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Old June 11th, 08:15 PM   #4 (permalink)
mspainter
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Sorry for being extremely off topic, but I read your sig. You gave up a GTP for a Tiburon? ouch.
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Old June 11th, 11:19 PM   #5 (permalink)
thepunkdrummer
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nope....no equations to work with....

Didn't really give up my GTP for a tib; I got a deal I couldn't refuse on the GTP. I owed nothing on it, and got 6500 cash for it. Trust me, the stares and compliments I get for the car are well worth it. Plus, with most vehicles I've had, I've tried to stay away from the norm. Everyone in this town drives a grand prix, but I am the only tib in town, not to mention the most modified one (and fastest) in a big radius. Plus, I hate driving an auto, and I'd rather drive a stick. I feel more connected with the car that way. Once I got in the tib, I never looked back
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5-speed/306 in the works!

Get Blown!
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