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6. A deficit is a negative (debit) balance in retained earnings. If it is larger negative (debit) balance than the total balances in other shareholders

6. A deficit is a negative (debit) balance in retained earnings. If it is larger negative (debit) balance than the total balances in other shareholders equity accounts, it may result in an overall negative (debit) balance for shareholders equity. This is true for Dollarama at Jan 30, 2022.

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Dollarama Inc. Dollarama Inc

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