Presented here is information for DeVito Inc. for 2014. Retained earnings, January 1...... $130,000 Service revenue............ 400,000

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Presented here is information for DeVito Inc. for 2014.

Retained earnings, January 1...... $130,000

Service revenue............ 400,000

Total expenses........... 175,000

Dividends............. 65,000

Instructions

Prepare the 2014 retained earnings statement for DeVito Inc.

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Accounting Tools for Business Decision Making

ISBN: 978-1118128169

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Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Apr 07, 2014 10:25 AM

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Presented here is information for DeVito Inc. for 2014. Retained earnings, January 1...... $130,000 Service revenue............ 400,000

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Accounting Tools for Business Decision Making

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