Question
What is the ending balance in the Retained Earning account given these facts about 2010. Beginning Balance in Retained earnings at 1/1/2010 $10,000, Net income
What is the ending balance in the Retained Earning account given these facts about 2010. Beginning Balance in Retained earnings at 1/1/2010 $10,000, Net income of $5,000, Dividends paid of $3,500.
| A. | $18,500 |
| B. | $12,500 |
| C. | $11,500 |
| D. | $15,000 |
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Financial Accounting
Authors: W Steve Albrecht, Earl K Stice
11th Edition
0538746955, 9780538746953
