1-9 (3)  Calculate the missing information Revenues for 2028 $46,000 Dividends declared for 2028 unknown Expenses for 2028 $30,000 Jan 1 retained earnings balance $13,000 Dec 31 retained earnings balance $22,000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 3MC: Prince Corporations accounts provided the following information at December 31, 2019: What should be...
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1-9 (3)  Calculate the missing information

Revenues for 2028 $46,000

Dividends declared for 2028 unknown

Expenses for 2028 $30,000

Jan 1 retained earnings balance $13,000

Dec 31 retained earnings balance $22,000

 

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