Question
A company has a beginning retained earnings balance of $100,000. It has a net income of $50,000 for the current year and paid $10,000 to
A company has a beginning retained earnings balance of $100,000. It has a net income of $50,000 for the current year and paid $10,000 to the owner as an owner withdrawal. The ending balance of retained earnings for the company is ?
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
