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As of January 1, 2020, ABC, Inc. had a Retained Earnings balance of $ 45,200. Net income for 2020 was $ 11,500. The Retained Earnings
As of January 1, 2020, ABC, Inc. had a Retained Earnings balance of $ 45,200. Net income for 2020 was $ 11,500. The Retained Earnings balance after moving the closing entries was $ 41,700. How much did you pay in dividends in 2020? Multiple Choice $ 30,200 $ 56,700 $ 15,000 $ 19,400
As of January 1, 2020, ABC, Inc. had a Retained Earnings balance of $ 45,200. Net income for 2020 was $ 11,500. The Retained Earnings balance after moving the closing entries was $ 41,700. How much did you pay in dividends in 2020?
Multiple Choice
$ 30,200
$ 56,700
$ 15,000
$ 19,400
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
