Amber Companys assets total $150,000 and its liabilities total $85,000. What is the amount of Ambers retained

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Amber Company’s assets total $150,000 and its liabilities total $85,000. What is the amount of Amber’s retained earnings if its capital stock amounts to $50,000?

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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Question Posted: Apr 17, 2014 09:33 AM

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Amber Companys assets total $150,000 and its liabilities total $85,000. What is the amount of Ambers retained

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Total assets 150000 Liabilities 85000 ...View the full answer

Financial and Managerial Accounting the basis for business decisions

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