Business, 05.05.2020 17:35 angela6844
Dayton Corporation began the current year with a retained earnings balance of $18,180. During the year, the company corrected an error made in the prior year, which was a failure to record a depreciation expense of $3,686 on equipment. Also, during the current year, the company earned net income of $14,406 and declared cash dividends of $4,469. Compute the year-end retained earnings balance.
Answers: 3
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Answers: 1
Dayton Corporation began the current year with a retained earnings balance of $18,180. During the ye...
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