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Journal entries to be recorded:2024: Record transfer of net loss to retained earnings2025: Record transfer if net income to retained earnings2025: Record repurchase of shares

Journal entries to be recorded:2024: Record transfer of net loss to retained earnings2025: Record transfer if net income to retained earnings2025: Record repurchase of shares for retirement2025: R Comparative statements of retained earnings for Renn-Dever Corporation were as follows: At December 31, 2023, common shares consisted of the following: Required: Infer from the reports the events and 2 answers

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