Question
Jan 1 The corporate charter authorized 76,000 shares of 5%, $100 par value cumulative preferred stock and unlimited shares of $5 par value common stock.
| Jan 1 | The corporate charter authorized 76,000 shares of 5%, $100 par value cumulative preferred stock and unlimited shares of $5 par value common stock. |
How do you find beginning retained earnings from this statement?
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
8th Edition
9781439044612, 1439044619, 978-1111626822
