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

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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) $ 38,000
b) $ 65,000
C)$ 132,000
d) $ 145,000
Transcribed Image Text: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) $ 38,000 b) $ 65,000 C)$ 132,000 d) $ 145,000
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