Question
In the statement of shareholders' equity, Retained earnings had a beginning balance of $64,800. During the period, the company reports a net loss of $11,600
In the statement of shareholders' equity, Retained earnings had a beginning balance of $64,800. During the period, the company reports a net loss of $11,600 and net cash outflows of $16,600. The ending balance in the Retained earnings account is: Group of answer choices None of the options listed. $53,200. $36,600. $48,200. $64,800.
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Intermediate Accounting 2007 FASB Update Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
12th Edition
0470128763, 978-0470128763
