1 answer

Blackboard Colaborate Grammy Wayne State Uc of Classes Psychology of Women CASPA Academica Youtube backboard Learn...

Question:

Blackboard Colaborate Grammy Wayne State Uc of Classes Psychology of Women CASPA Academica Youtube backboard Learn Ch 15 Grad
Blackboard Colaborate Grammy Wayne State Uc of Classes Psychology of Women CASPA Academica Youtube backboard Learn Ch 15 Graded Homework book Send to Gradebook ules Question 7 Accounting wly Updates View Policies Current Attempt in Progress ent Practice and lons Manual The following information has been taken from the ledger accounts of Pearl Corporation CPAexcel Con- d Access assions Total income since incorporation Total cash dividends pald Total value of stock dividends distributed Gains on treasury stock transactions Unamortized discount on bonds payable $312,000 54,000 29,000 16,000 35,000 erences borations PLUS Support Determine the current balance of retained earnings. Current balance of retained earnings $ eTextbook and Media Save for Later Send to Gradebook MacBook Air

Answers

Solution:

Current balance of retained earnings = Total income - Total cash dividend paid - total stock dividend

= $312000 - $54000 - $29000

= $229,000

.

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