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The following information has been taken from the ledger accounts of Sampras Corporation. Total income since incorporation $310,000 Total cash dividends paid 73,100 Total value
The following information has been taken from the ledger accounts of Sampras Corporation.
Total income since incorporation | $310,000 | |
Total cash dividends paid | 73,100 | |
Total value of stock dividends distributed | 48,700 | |
Gains on treasury stock transactions | 18,870 | |
Unamortized discount on bonds payable | 33,080 |
Determine the current balance of retained earnings.
Current balance of retained earnings |
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