Exercise 8-9(Algo) Review exercise-calculate retained earnings LO 8-7 Refer to the data below. ...
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Accounting
Exercise Algo Review exercisecalculate retained earnings LO Refer to the data below. Retained earnings, December Cost of buildings purchased during Net income for the year ended December Dividends declared and paid in Increase in cash balance from January to December Increase in longterm debt in $ Required: From the above data, calculate the Retained Earnings balance as of December Retained earnings
Exercise Algo Review exercisecalculate retained earnings LO
Refer to the data below.
Retained earnings, December
Cost of buildings purchased during
Net income for the year ended December
Dividends declared and paid in
Increase in cash balance from January to December
Increase in longterm debt in
$
Required:
From the above data, calculate the Retained Earnings balance as of December
Retained earnings
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