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E2.14 Assume the following: beginning retained earnings was $125,000 and ending retained earnings was $150,000. Cash dividends were paid in the amount of $77,000. What
E2.14 Assume the following: beginning retained earnings was $125,000 and ending retained earnings was $150,000. Cash dividends were paid in the amount of $77,000. What was net income for the year?
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
16th Edition
78110939, 978-0078110931
