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Paquin company has the following information available for

Problem - Paquin Company has the following information available for the most current year:

Paid-in capital, January 1, 2014 - $475,000

Retained earnings, January 1, 2014 - $50,000

Total revenues in 2014 - $890,000

Total expenses in 2014 - $550,000

Dividend declared in 2014 - $70,000

What was the balance in Retained Earnings at December 31, 2014?

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Accounting Basics: Paquin company has the following information available for

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Accounting Basics: Paquin company has the following information available for

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