On January 1, Payson Inc. had a retained earnings balance of $22,000. During the year, Payson reported net income of $30
Posted: Mon Apr 25, 2022 7:28 am
On January 1, Payson Inc. had a retained earnings balance of
$22,000. During the year, Payson reported net income of $30,200 and
paid cash dividends of $17,200. Calculate the retained earnings
balance at its December 31 year-end.
On January 1, Payson Inc. had a retained earnings balance of $22,000. During the year, Payson reported net income of $30,200 and paid cash dividends of $17,200. Calculate the retained earnings balance at its December 31 year-end. Ending retained earnings
$22,000. During the year, Payson reported net income of $30,200 and
paid cash dividends of $17,200. Calculate the retained earnings
balance at its December 31 year-end.
On January 1, Payson Inc. had a retained earnings balance of $22,000. During the year, Payson reported net income of $30,200 and paid cash dividends of $17,200. Calculate the retained earnings balance at its December 31 year-end. Ending retained earnings