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PLEASE ANSWER ASAP URGENT The Andrews company currently has the following balances in their equity accounts: Common Stock $11,121 Retained earnings $41,044 Suppose next year
PLEASE ANSWER ASAP URGENT
The Andrews company currently has the following balances in their equity accounts:
Common Stock $11,121
Retained earnings $41,044
Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year?
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