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In the statement of shareholders' equity, Retained Earnings had a beginning balance of $26,600. During the period, the company reports a net income of $11,600
In the statement of shareholders' equity, Retained Earnings had a beginning balance of $26,600. During the period, the company reports a net income of $11,600 and a dividend of $5,600. The ending balance in the Retained earnings account is: Multiple Choice $38,200. $43,800. $11,600. $32,600
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