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Business, 09.08.2021 20:40 sadfaceemojis8300

In the first year of operation, Cougar Corp. recorded $45,000 in net income and paid $12,000 in dividends. What is the balance of retained earnings at the end of the year after all closing entries

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In the first year of operation, Cougar Corp. recorded $45,000 in net income and paid $12,000 in divi...
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