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Is the beginning balance retainage correct? DILS BROTHERS DEPARTMENT STORE Statement of Retained Earnings As of June 30, 2017 Beginning Balance, Retained Earnings Plus: Net

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DILS BROTHERS DEPARTMENT STORE Statement of Retained Earnings As of June 30, 2017 Beginning Balance, Retained Earnings Plus: Net Income (Loss) Less: Dividends Ending Balance, Retained Earnings $4,000.00 $7,680.00 $15,000.00 -$3,320.00

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