Answered: Assuming no other transactions occured,…

Assuming no other transactions occured, what would be the total revenues? Retained earnings as of 1/1: $168,451 Total Dividends: $15,998 Total Expenses: $72,664 Retained

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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pls answer the following question
Should $1,300 dividends be subtracted in the statement of retained earnings?
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