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A company reports an increase in retained earnings of $1,500 and dividends of $800. What is the amount of net income?

A company reports an increase in retained earnings of $1,500 and dividends of $800. What is the amount of net income?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hii expert please solve this general accounting question what is the amount of net income?

A company reports an increase in retained earnings of $1,500 and dividends of $800. What is the amount of net income?
Transcribed Image Text:A company reports an increase in retained earnings of $1,500 and dividends of $800. What is the amount of net income?
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