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Changes in account balances of Multi-Plus Inc. during 2020were: (Hint: comprehensive income) Increase Assets $420,000 Liabilities 125,000 share capital 140,000 Share premium 90,000 Retained Earnings
Changes in account balances of Multi-Plus Inc. during 2020were: (Hint: comprehensive income) Increase Assets $420,000 Liabilities 125,000 share capital 140,000 Share premium 90,000 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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