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How much was retained earnings

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Reference no: EM132612768

ABC Inc. reported the following amounts on its statement of financial position at December 31, 2020

Accounts receivable 60000

Cash 17000

Deferred revenue 30000

Inventory 80000

Land 280000

Notes payable 19000

Retained earnings?

Share capital 50000

Question 1: How much was retained earnings?

Reference no: EM132612768

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