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As of January 1, Retained Earnings had a credit balance of$46,200. During the year, dividends totaled $1,200, and thebusiness incurred a net loss of $64,700.a.

As of January 1, Retained Earnings had a credit balance of$46,200. During the year, dividends totaled $1,200, and thebusiness incurred a net loss of $64,700.a. Compute the balance of Retained Earni 1 answer

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