Question
A company had a beginning balance in retained earnings of $43,300. It had net income of $6,300 and paid out cash dividends of $5,700
A company had a beginning balance in retained earnings of $43,300. It had net income of $6,300 and paid out cash dividends of $5,700 in the current period. The ending balance in retained earnings equals:
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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
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