Solution-Find the ending balance in retained earnings equals

Find the ending balance in retained earnings equals

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Reference no: EM132507107

Question 1: A company had a beginning balance in retained earnings of 428,000. It had net income of $64,000 and paid out cash dividends of 69,000 in the current period. The ending balance in retained earnings equals.

A. 561,000

B. 433,000

C. 423,000

D. 497,000

E. 364,000

Reference no: EM132507107

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Find the ending balance in retained earnings equals

Reference no: EM132507107

Reference no: EM132507107

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