Beginning balance in retained earnings

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Reference no: EM131593508

25. On March 1, Tom’s Wear had a beginning balance in retained earnings of $1,250. During March, Tom’s Wear paid $100 in dividends and had net income of $2,000. The March 31 balance in retained earnings was: a. $1,150. b. $3,150. c. $3,350. d. $7,350.

Reference no: EM131593508

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