Business, 19.06.2020 12:57 lexybellx3
The accountant for Huckleberry Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:
Retained earnings balance at the beginning of the year $151,000
Cash dividends declared for the year $46,000
Net income for the year $92,000
What is the ending balance for retained earnings?
a) $264,000.
b) $13,000.
c) $243,000.
d) $197,000.
e) $105,000.
Answers: 2
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