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ABC Company had the following transactions during the accounting period: (assume all transactions are cash transactions) Issued Common Stock Paid Cash Dividends Sold Land
ABC Company had the following transactions during the accounting period: (assume all transactions are cash transactions) Issued Common Stock Paid Cash Dividends Sold Land Incurred Operating Expenses Paid Principal on Note Payable Performed Services for Customers $1,050 $100 $500 $5,400 $500 $7,500 What value would be reported on the Statement of Changes in Stockholders' Equity for the ending Retained Earnings balance for this accounting period? XO $3,180 $3,080 $4,230 $4,130
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