Question: Current Attempt in Progress For the year ended December 31, 2021, Tri Town Farms Limited, a private company, reported net income of $277,780. The company

Current Attempt in Progress For the year ended December 31, 2021,

Current Attempt in Progress For the year ended December 31, 2021, Tri Town Farms Limited, a private company, reported net income of $277,780. The company declared dividends of $98,900 and paid $34,400 of these dividends during the year. (a) Prepare a statement of retained earnings for the year, assuming the balance in Retained Earnings on January 1, 2021, was $438.600. (List items that increase retained earnings first.) TRITOWN FARMS LIMITED Statement of Retained Earnings $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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