Question
A company had a beginning balance in retained earnings of $430,000. It had net income of $65,000 and declared and paid cash dividends of $70,000
A company had a beginning balance in retained earnings of $430,000. It had net income of $65,000 and declared and paid cash dividends of $70,000 in the current period. The ending balance in retained earnings equals: Multiple Choice $365,000. $565,000. $500,000. $425,000. $435,000
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Principles Of Fraud Examination
Authors: Joseph T Wells
2nd Edition
0470128836, 9780470128831
