accounting question 4

Accounting
Tutor: None Selected Time limit: 1 Day

i am stuck on the following problem. here is a pic of the problem

http://imgur.com/N3CtNmH

any help would be appreciated

Feb 1st, 2015

                                                             Woodward Enterprises

Services were provided to customers on cash                                                                      $16,075

Services were provided to customers on account                                                                     6,570

Total income                                                                                                                            $22,645

Less: Operating expenses were incurred and paid in cash                                  $12,045

          Salary expense accrued                                                                                  1,025

          dividend was paid to the owner of Woodward Enterprises                              4,450      17,520

Retained earnings as of December 31, 2011                                                                           $ 5,125

Feb 1st, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Feb 1st, 2015
...
Feb 1st, 2015
Feb 26th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer