At the beginning of Year 2, X Company had assets of $300, liabilities of $150,...

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Accounting

At the beginning of Year 2, X Company had assets of $300, liabilities of $150, and common stock of $50. During Year 2, the company earned revenue of $500,
incurred expenses of $200, and paid dividends of $50. All transactions were cash transactions
The amount of retained earnings reported on Company's December 31, Year 2 balance sheet would be
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