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Epsilon Company has the following information: Beginning retained earnings: $50,000 Net income: $30,000 Dividends declared and paid: $10,000 Calculate the ending retained earnings for Epsilon
Epsilon Company has the following information:
- Beginning retained earnings: $50,000
- Net income: $30,000
- Dividends declared and paid: $10,000
Calculate the ending retained earnings for Epsilon Company.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
