Calculate retained earnings from following data: Retained Earnings December 31, 2014……………………………………$245,200 Net Decrease in total assets during 2014…………………………………$37,400 Net Increase in accounts recei
Calculate retained earnings from following data:
Retained Earnings December 31, 2014……………………………………$245,200
Net Decrease in total assets during 2014…………………………………$37,400
Net Increase in accounts receivables in 2014…………………………..$8,600
Dividends declared and paid in 2014………………………………………..$33,600
Proceeds from issuance of bonds during 2014………………………..$88,400
Net Loss for the year ended December 31,2014……………………….$23,000
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