Calculate the retained earnings balance as of december, Accounting Basics

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Calculate the retained earnings balance as of december

From the following data: Retained earnings, December 31, 2011 $ 490,400 Net decrease in total assets during 2011 74,800 Net increase in accounts receivable in 2011 17,200 Dividends declared and paid in 2011 67,200 Proceeds from issuance of bonds during 2011 176,800 Net loss for the year ended December 31, 2011 46,000

Required: Calculate the Retained Earnings balance as of December 31, 2010. Retained earnings $ ?

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Accounting Basics: Calculate the retained earnings balance as of december

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Accounting Basics: Calculate the retained earnings balance as of december

Reference No:- TGS0717117

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Recent Questions Asked Accounting Basics

Q : What will be the parcel-s temperature at four km altitude

Q : What is the difference between actual and budgeted costs

Q : Determining the magnitude and direction of the force

Q : Null and alternative hypotheses for testing

Q : Calculate the retained earnings balance as of december

Q : Version of their most recent annual

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Q : What is the factory overhead volume variance

Q : Why the gain must troy recognize on his home sale

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Calculate the retained earnings balance as of december

Reference No:- TGS0717117

Recent Questions Asked Accounting Basics

Q : What will be the parcel-s temperature at four km altitude

Q : What is the difference between actual and budgeted costs

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Q : Null and alternative hypotheses for testing

Q : Calculate the retained earnings balance as of december

Q : Version of their most recent annual

Q : What thickness of insulation put on duct for rate of heat

Q : What is the factory overhead volume variance

Q : Why the gain must troy recognize on his home sale

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