If the firms total retained earnings were 846972 what was


Retained earnings: Columbia Construction Company earned $451888 during the year ended June 30, 2011. After paying out $225,794 in dividends, the balance went into retained earnings. if the firm's total retained earnings were $846,972, what was the retained earnings on its balance sheet on July 1, 2010?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If the firms total retained earnings were 846972 what was
Reference No:- TGS02814868

Expected delivery within 24 Hours