Question: QUESTION 6 Entity A reported the following items on its balance sheet at the end of the current year. All accounts are listed. Cash $45,000

QUESTION 6 Entity A reported the following items on its balance sheet at the end of the current year. All accounts are listed. Cash $45,000 Accounts payable 80,000 Property, plant & equipment 200,000 Long-term debt 60,000 Common stock 150,000 Accounts receivable 90,000 Retained earnings ? Inventory 75,000 What is Entity A's Retained Earnings balance at the end of the current year? $120,000 $410,000 $270,000 $140,000

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