Option - 'A'; $4,60,000
Retained Earning at the end = Beginning Retained Earnings + Revenues - Expenses - Dividends
= $3,80,000 + $5,00,000 - $3,80,000 - $40,000
= $4,60,000
Question 4 2 pts Stetson Company began the year with retained earnings of $380,000. During the...
Henson Company began the year with retained earnings of $380,000. During the year, the company issued stock for $800,000, purchased a building for $650,000, recorded revenues of $500,000, disclosed expenses of $380,000, and paid dividends of $40,000. What was Henson’s retained earnings at the end of the year? a. $540,000 b. $460,000 c. $840,000 d. $500,000 Please explain
Henson Company began the year with retained earnings of $350,000. During the year, the company recorded revenues of $500,000, expenses of $380,000, and paid dividends of $905. What was Henson's retained earnings at the end of the year?
Question 6 2 pts C. Daniel Company began the year 2025 with retained earnings of $670,000. During the year, the company sold additional shares of stock for $1,000,000, recorded revenues of $600,000, expenses of $380,000, and paid dividends of $140,000. What was C. Daniel's retained earnings balance at the end of 2025? $750,000 $1,030,000 $1,130,000 $600,000 • Previous Next →
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