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A company had a beginning balance in retained earnings of $55,000 It had net income of $9,000 and paid out cash dividends of $5, 550
A company had a beginning balance in retained earnings of $55,000 It had net income of $9,000 and paid out cash dividends of $5, 550 in the current period The end mg balance In retained earnings account is equal to: $69, 550 $(51, 550) $(40, 450) $51, 550 $58, 450
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