Question
MC Qu. 32 A company had a beginning balance in ... A company had a beginning balance in retained earnings of $45,250. It had net
MC Qu. 32 A company had a beginning balance in ...
| A company had a beginning balance in retained earnings of $45,250. It had net income of $6,250 and paid out cash dividends of $5,875 in the current period. The ending balance in retained earnings account is equal to: |
| $114,750 | |
| $(12,125) | |
| $33,125 | |
| $45,625 | |
| $(12,125) |
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
