131. The following information is available for Mobily Corporation. $ 105,000 $ 167,000 $ 67,000 $ 100,000 $ 73,000 Retained earnings beginning balance Dividends paid during the year Cash dividends declared Revenue Expenses What is the ending retained earnings balance? a) S 38,000 b) $ 65,000 C)$ 132.000 d) S 145,000
131. The following information is available for Mobily Corporation. $ 105,000 $ 167,000 $ 67,000 $ 100,000 $ 73,000 Retained earnings beginning balance Dividends paid during the year Cash dividends declared Revenue Expenses What is the ending retained earnings balance? a) S 38,000 b) $ 65,000 C)$ 132.000 d) S 145,000
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 15EA: Farmington Corporation began the year with a retained earnings balance of $20,000. The company paid...
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