On January 1 , 2 0 2 4 , Shelley Inc. had a balance of $ 6
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On January Shelley Inc. had a balance of $ in its Retained Earnings account. During the year, it declared $ of cash dividends and paid $ Its profit after tax in was $ How much would the company record to close dividends to retained earnings?
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To record the closing of dividends to retained earnings we n... View the full answer
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