Use the following data to prepare the 2019 retained earnings reconciliation for Maffett Company. Total retained earnings,

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Use the following data to prepare the 2019 retained earnings reconciliation for Maffett Company.

Total retained earnings, December 31, 2018 .................. $347,000

Stock dividends declared and paid in 2019 .................... 28,000

Cash dividends declared and paid in 2019 ..................... 35,000

Net income for 2019 ........................................................... 94,000

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Financial Accounting

ISBN: 9781618533111

6th Edition

Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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Question Posted: Oct 27, 2021 03:29 AM

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Use the following data to prepare the 2019 retained earnings reconciliation for Maffett Company. Total retained earnings,

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Financial Accounting

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