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A company's opening balance in shareholders' equity is 321,164. During the year, the company earned 78,178 in net income and declared 24,505 in dividends. Shareholders
A company's opening balance in shareholders' equity is 321,164. During the year, the company earned 78,178 in net income and declared 24,505 in dividends. Shareholders invested 43,873 in common shares during the year. What is the ending balance in shareholders' equity? Given the following data, what is the ending balance in the common stock account? Total assets, ending Total liabilities, ending Retained Earnings, ending Dividends declared Revenues Expenses 642,589 270,512 59,186 22,567 249,450 172,565
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