Prepare the retained earnings statement for the, Financial Management

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Prepare the retained earnings statement for the

Income statement. Of ABC Company for the ended financial year, 2016 showed Total revenues amounted to 100,000, and total expenses amounted to 75,000. The company made at the end of the year dividends of 10,000 and beginning period balance in retained earnings amounted to 20,000. Amounts in Saudi riyal

Required: prepare the retained earnings statement for the period.

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Financial Management: Prepare the retained earnings statement for the

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