Presented here is information for Zheng Inc. for 2017. Retained earnings, January 1 .........................$130,000 Service revenue ........................................

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Presented here is information for Zheng Inc. for 2017.

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

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

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

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

Instructions

Prepare the 2017 retained earnings statement for Zheng Inc.

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Accounting Tools for Business Decision Making

ISBN: 978-1118096895

6th edition

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

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Question Posted: Aug 24, 2016 01:38 AM

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Presented here is information for Zheng Inc. for 2017. Retained earnings, January 1 .........................$130,000 Service revenue ........................................

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ZHENG INC Retained Earnings Statement For the Year Ended December 31 2017 Retaine...View the full answer

Accounting Tools for Business Decision Making

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