Retained earnings on the balance sheet


The Don't Tread on Me Tire Company had retained earnings at December 31, 2013 of $200,000. During 2014, the company had revenues of $400,000 and expenses of $350,000, and the company declared and paid dividends of $11,000. Retained earnings on the balance sheet as of December 31, 2014 will be?

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Accounting Basics: Retained earnings on the balance sheet
Reference No:- TGS0695511

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