Bleau inc had total assets and total liabilities at the end


Question - Bleau inc. had total assets and total liabilities at the end of the year of $275,000 and $125,000 respectively. Owner's capital at the end of the year was $90,000. Retained earnings at the beginning of the year was $48,000. Revenues were $217,000 and expenses were $199,000. What were the dividends during the year?

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Accounting Basics: Bleau inc had total assets and total liabilities at the end
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