Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Quartz Instruments had retained earnings of 147.000 at December 31, 2019 Not Income for 2020 totalled 06.000, and vidends for 2020 were $35.000 How much

image text in transcribed
image text in transcribed
Quartz Instruments had retained earnings of 147.000 at December 31, 2019 Not Income for 2020 totalled 06.000, and vidends for 2020 were $35.000 How much and caring short por December 1, 2017 OA $182.000 OB. $144.000 C. 5190,000 OD. 5233,000 Quartz Instruments had retained earnings of $147,000 at December 31, 2019. Net income for 2020 totale 56.000, and dividends to 2020 were $35.000 How much retained earnings should report at December 11, 21207 O A 5182,000 OB $144,000 . C. $198.000 OD. $233.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Attorneys IRS Audit Technique Guide

Authors: Internal Revenue Service

1st Edition

1304112918, 978-1304112910

More Books

Students also viewed these Accounting questions

Question

6. Explain the strengths of a dialectical approach.

Answered: 1 week ago