Question
Grizzly Company had Retained Earnings at December 31, 2022 of $216,000. During 2023, the company had revenues of $416,000 and expenses of $358,000, and the
Grizzly Company had Retained Earnings at December 31, 2022 of $216,000. During 2023, the company had revenues of $416,000 and expenses of $358,000, and the company declared and paid dividends of $12,600. Retained earnings on the balance sheet as of December 31, 2023 will be:
Please help me understand. TYIA.
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Business Accounting An Introduction To Financial And Management Accounting
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
2nd Edition
0230276237, 978-0230276239
