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The following information has been taken from the ledger accounts of Sage Corporation. Total income since incorporation $286,000 Total cash dividends paid 58,000 Total value
The following information has been taken from the ledger accounts of Sage Corporation.
| Total income since incorporation | $286,000 | |
| Total cash dividends paid | 58,000 | |
| Total value of stock dividends distributed | 31,000 | |
| Gains on treasury stock transactions | 20,000 | |
| Unamortized discount on bonds payable | 33,000 |
Determine the current balance of retained earnings.
| Current balance of retained earnings |
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Challenges Of Performance Audit Implementation A Case Study Of Amhara National Regional State Selected Audited Public Sectors
Authors: Alazar Tiruneh
1st Edition
6200487596, 978-6200487599
