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The following information has been taken from the ledger accounts of Nash Corporation. Total income since incorporation $337,000 Total cash dividends paid 57,000 Total value
The following information has been taken from the ledger accounts of Nash Corporation.
Total income since incorporation | $337,000 | |
Total cash dividends paid | 57,000 | |
Total value of stock dividends distributed | 30,000 | |
Gains on treasury stock transactions | 19,000 | |
Unamortized discount on bonds payable | 30,000 |
Determine the current balance of retained earnings.
Current balance of retained earnings | $enter the current balance of retained earnings in dollars |
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