Question
DW has an ending retained earnings balance of $52,900. if during the year DW paid dividends of $4,800 and had net income of $21,500, then
DW has an ending retained earnings balance of $52,900. if during the year DW paid dividends of $4,800 and had net income of $21,500, then what was the beginning retained earnings balance?
-$69,600
-$36,200
-$63,700
-$26,600
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Sound Investing, Chapter 6 - Valuation Of Assets And Liabilities
Authors: Kate Mooney
1st Edition
0071719288, 9780071719285
