Question: Presented below are changes in the account balances of Wenn Company during the year, except for retained earnings. The only entries in Retained Earnings were

Presented below are changes in the account balances of Wenn Company during the year, except for retained earnings.

Presented below are changes in the account balances of Wenn Company during

The only entries in Retained Earnings were for net income and a dividend declaration of $12,000.
Compute the net income for the current year.

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