Please solve the following and explain in steps how you came to your answer Revenue for 2028 $6000 Dividends declared in 2028 $0 Expenses for 2028 ???? January 1 retained earnings balance $12000 December 31 retained earnings balance $8000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please solve the following and explain in steps how you came to your answer

Revenue for 2028 $6000

Dividends declared in 2028 $0

Expenses for 2028 ????

January 1 retained earnings balance $12000

December 31 retained earnings balance $8000

 

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