i need the answer quickly A company's net income for the year was $120,000. Its beginning retained earnings were $90,000, andduring the year, it declared and paid dividends of $30,000. What is the ending Retained Earnings? a) $120,000 b) $90,000 c) $60,000 d)$180,000 @@@ This question already posted and got correct answer.dont answer this question, i will give 10 dislikes,. do not copy from chatgpt or any ai @@@ $180,000

Retained earning means the amount of profit earned but not distributed by company. Paid in capital…

A company's net income for the year was $120,000. Its beginning retained earnings were $90,000, and during the year, it declared and paid dividends of $30,000. What is the ending Retained Earnings? a) S 120,000 b) $90,000 c) $60,000 d)$180,000 @@@ This question already posted and got correct answer. dont answer this question, i will give 10 dislikes,. do not copy from chatgpt or any ai @@@ $180,000

A company's net income for the year was $120,000. Its beginning retained earnings were $90,000, and during the year, it declared and paid dividends of $30,000. What is the ending Retained Earnings? a) S 120,000 b) $90,000 c) $60,000 d)$180,000 @@@ This question already posted and got correct answer. dont answer this question, i will give 10 dislikes,. do not copy from chatgpt or any ai @@@ $180,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

next answer?
Can anyone explain how to do these problems step by step?
Explain how Naics Works?
What is reengineering?
Explain real options
Provide Answer pls
Still need answers and details for B and C?
The response provided is very brief, i need more explanation and analysis
RTN: What is its significance?