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Cato Supplies opening and closing balance of retained earnings were $5,000 and $6,000, respectively. The total revenue earned during the year was $40,000, and the
Cato Supplies opening and closing balance of retained earnings were $5,000 and $6,000, respectively. The total revenue earned during the year was $40,000, and the expenses incurred during the period was $35,000. The cash dividend paid during the year is a. $5,000 b. $6,000 c. $3,000 d. $4,000
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
