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At January 1, 2022, Blue Corporation had a credit balance of $3.050.000 in its retained earnings account. During the year. Blue paid $275,000 in
At January 1, 2022, Blue Corporation had a credit balance of $3.050.000 in its retained earnings account. During the year. Blue paid $275,000 in dividends, reported net income of $420,000 and other comprehensive income of $750,000. The December 31 balance of retained earnings is O $2.445.000 O $3.195.000 O $2.775.000 $3.945.000
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
18th edition
125969240X, 978-1259692406
