Question: Solve for missing numbers using this formula : Assets =Liabilities + Paid in capital + (Begin Earnings +Net Income-Dividends)=Retained Earnings Total assets 416,000 541000 332000
Solve for missing numbers using this formula : Assets =Liabilities + Paid in capital + (Begin Earnings +Net Income-Dividends)=Retained Earnings
| Total assets | 416,000 | 541000 | 332000 |
| Total liabilities | 209,000 | 135,000 | |
| Paid-in capital | 78,000 | 35,000 | |
| Retained Earnings | 308,000 | ||
| net Income for 2019 | 89,000 | 118,000 | |
| Dividends declared | 48,000 | 17,000 | 71,000 |
| Retained earnings | 86,000 | 42,000 |
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