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Presented here is information for Packee Inc. for 2012. Retained earnings, January 1 ... $130,000 Revenue from legal services ... 400,000 Total expenses .......... 175,000 Dividends .......... 65,000 Instructions Prepare the 2012 retained earnings statement for Packee Inc.

Presented here is information for Packee Inc. for 2012.

Retained earnings, January 1 ... $130,000
Revenue from legal services ... 400,000
Total expenses .......... 175,000
Dividends .......... 65,000

Instructions
Prepare the 2012 retained earnings statement for Packee Inc.

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PACKEE INC Retained Earnings Statement For the Year End…View the full answer


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Financial Accounting Tools for business decision making

Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

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

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Question Details
Chapter # 1- Introduction to Financial Statements
Section: Exercises
Problem: 6
Posted Date: September 22, 2011 09:03:06
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