The company recorded revenues of 250000 expenses of 190000


Henson Company began the year with retained earnings of $175,000. During the year, the company recorded revenues of $250,000, expenses of $190,000, and paid dividends of $20,000. What was Henson's retained earnings at the end of the year?

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Accounting Basics: The company recorded revenues of 250000 expenses of 190000
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