8 Amazon reports retained earnings began the period with a credit balance of $420,000. Amazon reported...
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8 Amazon reports retained earnings began the period with a credit balance of $420,000. Amazon reported net income of $60,000 and declared and paid cash dividends of $65,000 in the same period. What is the credit balance of retained earnings at the end of the period? 01:01:54 Multiple Choice eBook $360,000. $545,000. $415,000. $425,000. $485,000. 8 Amazon reports retained earnings began the period with a credit balance of $420,000. Amazon reported net income of $60,000 and declared and paid cash dividends of $65,000 in the same period. What is the credit balance of retained earnings at the end of the period? 01:01:54 Multiple Choice eBook $360,000. $545,000. $415,000. $425,000. $485,000.
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