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  1. business
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  3. assets = $21,000; liabilities = ?; common stock =

Assets = $21,000; Liabilities = ?; Common Stock = $5,100; Revenue = $11,200; Dividends =...

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Question

Accounting

Assets = $21,000; Liabilities = ?; Common Stock = $5,100; Revenue = $11,200; Dividends = $800; Beginning Retained Earnings = $3,800; Ending Retained Earnings = $7,100.

Based on this information, the amount of expenses on Calloway's income statement was

Multiple Choice

$7,100.

$8,900.

$500.

$3,300.

Answer & Explanation Solved by verified expert
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