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Changes in account balances of Multi-Plus Inc. during 2020 were: Increase Assets 420,000 Liabilities 152,000 Capital Stock 100,000 Additional Paid-In Capital 140,000 Retained Earnings ?
Changes in account balances of Multi-Plus Inc. during 2020 were: Increase Assets 420,000 Liabilities 152,000 Capital Stock 100,000 Additional Paid-In Capital 140,000 Retained Earnings ? Assuming that there were no charges to retained earnings other than dividends of 62,000, the net income for 2020 was
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