Question
The following selected amounts are available for Love Company Retained earnings (beginning) - P1,000,000 Net loss - P100,000 Cash dividends declared - P100,000 Stock dividends
The following selected amounts are available for Love Company
Retained earnings (beginning) - P1,000,000
Net loss - P100,000
Cash dividends declared - P100,000
Stock dividends declared - P50,000
What is its ending retained earnings balance?
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
IFRS Edition
978-1118443965, 1118800532, 9781118800539, 978-0470873991
