Question
36. Use the information below for Barton Shipping Corp. for 2017 and 2018 to answer the following question: Retained earnings, December 31, 2017 $300,000 Retained
36. Use the information below for Barton Shipping Corp. for 2017 and 2018 to answer the following question: Retained earnings, December 31, 2017 $300,000 Retained earnings, December 31, 2018 345,000 Dividends payable, December 31, 2017 19,000 Dividends payable, December 31, 2018 29,000 Net income2018 150,000
How much cash did Barton Shipping pay for dividends during 2018? a. $95,000 b. $105,000 c. $115,000 d. $140,000
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Payroll Accounting 20
Authors: Bernard J. Bieg, Judith A. Toland
26th Edition
1337268798, 9781337268790
