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What is the beginning balance of retained earning

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Problem 1: The green shop ltd started the year with total assets of 70000 and total liabilities of 30000 during the year the business recorded 150000 in car repair revenue, 85000 in expenses and dividends of 30000, If the retained earning of green shop ltd for the hear end is 45000, what is the beginning balance of retained earning

Reference no: EM133010399

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