For the year ending December 31, 2014, Soto Inc. reports net income $170,000 and dividends $85,000. Prepare
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For the year ending December 31, 2014, Soto Inc. reports net income $170,000 and dividends $85,000. Prepare the retained earnings statement for the year assuming the balance in retained earnings on January 1, 2014, was $220,000.
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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