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Business, 05.05.2020 23:26 Zaayyyy

Oriole Company started the year with $67200 in its Common Stock account and a credit balance in Retained Earnings of $49300. During the year, the company earned net income of $53800, and declared and paid $22400 of dividends. In addition, the company sold additional common stock amounting to $31400. As a result, the balance in retained earnings at the end of the year would be

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Oriole Company started the year with $67200 in its Common Stock account and a credit balance in Reta...
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