PLEASE ANSWER THE LAST QUESTIONS (as many as you can starting
with the last question)
On January 1, 2016, the following information was drawn from the
accounting records of Carter Company: cash of $400; land of $2,400;
notes payable of $700; and common stock of $1,540. Required a.
Determine the amount of retained earnings as of January 1,
2016.
g. During 2016, Carter Company earned cash revenue of $660, paid
cash expenses of $380, and paid a cash dividend of...