The following information was extracted from the accounting records of Brankov Company: Beginning Paid-in Capital Beginning Retained Earnings Beginning Assets Contributions by Owners Cash dividends declared Revenues $90,000 $300,000 $455,000 $0 $0 $200,000 Expenses $155,000 A+ +he ond ofthe noried wıhet ig the totel Qunt of ateol-heldora! eguituo

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 53E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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(subject: Management Accounting/Accounting)

The following information was extracted from the accounting records of Brankov Company:
Beginning Paid-in Capital
Beginning Retained Earnings
Beginning Assets
Contributions by Owners
Cash dividends declared
$90,000
$300,000
$455,000
$O
$0
$200,000
$155,000
Revenues
Expenses
At the end of the period, what is the total amount of stockholders' equity?
A) $65,000
B) $135,000
C) $390,000
D) $435,000
Transcribed Image Text:The following information was extracted from the accounting records of Brankov Company: Beginning Paid-in Capital Beginning Retained Earnings Beginning Assets Contributions by Owners Cash dividends declared $90,000 $300,000 $455,000 $O $0 $200,000 $155,000 Revenues Expenses At the end of the period, what is the total amount of stockholders' equity? A) $65,000 B) $135,000 C) $390,000 D) $435,000
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