The company did not pay any dividends during this period


Question - A company's beginning retained earnings for a period is $2,400. Net income for the period was $3,000. The company did not pay any dividends during this period. Calculate ending retained earnings.

Do not enter dollar signs or commas in the input boxes.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: The company did not pay any dividends during this period
Reference No:- TGS02456120

Now Priced at $25 (50% Discount)

Recommended (98%)

Rated (4.3/5)