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he following amounts were drawn from the records of JME Company: total assets = $1,200; total liabilities = $750; contributed capital = $600. Based on
he following amounts were drawn from the records of JME Company: total assets = $1,200; total liabilities = $750; contributed capital = $600. Based on this information alone, retained earnings must be equal to:
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Financial & Managerial Accounting
Authors: Jan Williams
16th Edition
78111048, 978-0078111044
