A corporation has the following information Revenue for the year..........$15,000 Total expenses and tax for the year...$10,000
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A corporation has the following information
Revenue for the year……........…………………………………..$15,000
Total expenses and tax for the year………………………...$10,000
Current assets at year end…....………………………….……..$ 9,200
Non-current assets at year end…..…………………………...$12,750
Investment in fixed assets………........…………………………….$ 350
Common stock at the beginning of the year……………...$ 2,000
Retained earnings at the beginning of the yea…………...$ 8,850
Total liabilities at year end…………………………........………..$ 9,400
What is the amount of dividend declared during the year?
Expert Answer:
Related Book For 
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
Posted Date:
