hon 25 X Co recorded journal entries for the issuance of ordinary shares for $50,000,the...

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hon 25 X Co recorded journal entries for the issuance of ordinary shares for $50,000,the payment of $13,000 on accounts payable, and the payment of salaries and wages expense of $21,000.What net effect do these entries have on equity? ed out of nove flag Select one: a. Increase of $29,000 b. Increase of $16,000 c. Increase of $37,000 d. Increase of $50,000 tion 6 8 et 15 ered ed out of 22 Use the following information Service Revenue 800,000 Income from continuing operations 100,000 Net Income 90,000 Income from operations 220,000 Selling & administrative expenses 500,000 Income before income tax 200,000 Determine the amount of other income and expense eg question 25 3 Fi TE Select one: a. 100,000 O b. 10,000 C. 80,000 d. 20,000

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