In Exercise (4-3), if there was a debit balance of ($ 216,000) in the Retained Earnings account

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In Exercise \(4-3\), if there was a debit balance of \(\$ 216,000\) in the Retained Earnings account as of the beginning of the year and a net loss of \(\$ 192,000\) for the year, show how these would be treated in the work sheet.

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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