Question
How do I find the balance in retained earnings? Ex. On Sept. 1,2013 Baxter Inc reported Retained Earnings of 136,000. During the month of Sept.,
How do I find the balance in retained earnings? Ex. On Sept. 1,2013 Baxter Inc reported Retained Earnings of 136,000. During the month of Sept., Baxter generated revenues of $20,000, incurred expenses of $12,000, purchased equipment for $5,000 and paid dividends of $6,000. What is the balance in Retained Earnings on Sept. 31,2013?
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Wiley CPAexcel Exam Review 2018 Study Guide Auditing And Attestation
Authors: Wiley
1st Edition
1119480671, 978-1119480679
