Question
Please help me figure this out Sheridan Company began the year with retained earnings of $659000. During the year, the company recorded revenues of $600000,
Please help me figure this out
Sheridan Company began the year with retained earnings of $659000. During the year, the company recorded revenues of $600000, expenses of $380000, and paid dividends of $141500. What was Sheridan retained earnings at the end of the year?
$1131500
$600000
$737500
$1017500
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Introduction To Financial Accounting
Authors: Charles T Horngren, Gary L Sundem
10th Edition
136122973, 978-0136122975
