Question
Coronado Industries began the year with retained earnings of $392000. During the year, the company recorded revenues of $497000, expenses of $376000, and paid dividends
Coronado Industries began the year with retained earnings of $392000. During the year, the company recorded revenues of $497000, expenses of $376000, and paid dividends of $36000. What was Coronado's retained earnings at the end of the year?
$533000
$477000
$497000
$837000
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
14th Edition
0324374178, 978-0324374179
