Alpha Comapny has an ending Retained Earning balence of $52,400. If during the year, the company paid

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Alpha Comapny has an ending Retained Earning balence of $52,400. If during the year, the company paid dividens of $4,800 and had a net income of $21,600, then calculate what was the beginning Retained Earnings balance?

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Cornerstones of Managerial Accounting

ISBN: 978-0324660135

3rd Edition

Authors: Mowen, Hansen, Heitger

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Posted Date: Feb 21, 2023 05:58 AM

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Alpha Comapny has an ending Retained Earning balence of $52,400. If during the year, the company paid

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Cornerstones of Managerial Accounting

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