The net income of edwards corporation amounted to73000 for


Question - The net income of Edwards Corporation amounted to$73,000 for this year. The beginning balance of stockholders' equity was $32,000 and the ending balance was $74,000. The company issued no common stock during the year. What was the amount of dividends distributed during the year?

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Accounting Basics: The net income of edwards corporation amounted to73000 for
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