Phenyl 4-aminosalicylate is a drug used in the treatment of tuberculosis. Propose a synthesis of this compound starting from 4-nitrosalicylic acid. Phenyl 4-aminosalicylate
Name of Company Balance Sheet/Income Statement Date Equations to know: Assets= Liabilities + Stockholder’s Equity SE= Total Assets – Total Liabilities Net Income= Revenues- Expenses Beginning Retained Earnings- Net Income- Dividends= End Retained Earnings Important Questions to Ask: 1. What 2 or more accounts are affected 2. Is the account balance being debited or credited 3. What is the $ value Key Terms: Net Income is NOT AFFECTED by Dividends or Accounts recievable Debit(Left) Credit(Right) D.E.A.L.O.R Dividends Expenses- Costs of running the business Assets- Cash, Accounts receivable, Supplies, Land (Increases w/ Debit) Liabilities- Accounts Payable Owner’s Equity -Common Stock, Retained Earnings Revenues- Whenever a service is provided (Increases w/