Exhibit 2-1 The following data were taken from the records of Moss Corporation for the year ending December 31, 2012:

- Refer to Exhibit 2-1. Given the above information, assets on December 31, 2012, were

Question

Exhibit 2-1 The following data were taken from the records of Moss Corporation for the year ending December 31, 2012:

- Refer to Exhibit 2-1. Given the above information, assets on December 31, 2012, were

Quizplus · Accepted Answer

Assets on December 31, 2012, were $16,830. This is calculated by adding the beginning assets of $11,250 to the net income of $5,580.

Exhibit 2-1 the Following Data Were Taken from the Records