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Use the following to answer questions 27-29 The Company had the following Net Income (Loss) for 20A - 20D (the first four years of operations).
Use the following to answer questions 27-29 The Company had the following Net Income (Loss) for 20A - 20D (the first four years of operations). Determine their Ending Retained Earnings amount for each year. (Keep your answer"in millions" like the example) The Company (in Millions Ending Retained Year Net Income or (Loss Dividends Earnings 204 $5.55 $1.32 $4.23 20B $2.75 $1.55 ($0.10) $0.50 $1.25 od Use the following to answer questions 30-33 The following account balances appear in the 20xC year-end POST-closing trial balance of BC Corporation: Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Accounts Payable Notes Payable Common stock Retained earnings $25,000 20,000 125,000 500,000 75,000 15,000 150,000 300,000 Determine the total amount of debits that would be shown on the post-closing trial balance Determine retained earnings that would be shown on the post-closing trial balance $__ _Determine total current assets 33. $_ ___Determine the book value of the equipment
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