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On 1 kuy 2023 the balance in Wolston Pty Ltds retained eamings account was $450 000. The balance on 30 June 2024 was $700 CC
On 1 kuy 2023 the balance in Wolston Pty Ltds retained eamings account was $450 000. The balance on 30 June 2024 was $700 CC On 20 lure 2024 the directors decared dividends of $120 000 which were payable on 31 August 2024. Assuming all closing entres have been completed the profit for the year ending 30 June 2024 was. O a $ 370 000 0 b 5450000. O c 8250000 0 d $ 520000
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
