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    Intermediate Accounting Study Set 7
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    Exam 6: Statements of Financial Position and Cash Flows and the Annual Report
  5. Question
    Presented Below Are Selected Accounts for San Marcos Corporation for December
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Presented Below Are Selected Accounts for San Marcos Corporation for December

Question 8

Question 8

Multiple Choice

Presented below are selected accounts for San Marcos Corporation for December 31 of the current year. Presented below are selected accounts for San Marcos Corporation for December 31 of the current year.    What is ending retained earnings for San Marcos Corporation? A)  $308 B)  $173 C)  $305 D)  $613
What is ending retained earnings for San Marcos Corporation?


A) $308
B) $173
C) $305
D) $613

Correct Answer:

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