Centor Corporation's unappropriated retained earnings on January 1, 2020 were $678,000. For 2020 its net income per

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Centor Corporation's unappropriated retained earnings on January 1, 2020 were $678,000. For 2020 its net income per books was $120,000. It paid cash dividends of $93,000 in 2020 and it appropriated $75,000 of retained earnings during 2020.

What was Centor Corporation's unappropriated retained earnings on December 31, 2020?

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Intermediate Accounting

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Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Posted Date: Feb 14, 2024 06:05 AM

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Centor Corporation's unappropriated retained earnings on January 1, 2020 were $678,000. For 2020 its net income per

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