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The Following Information Was Extracted from the Accounts of Essex

Question 105

Multiple Choice

The following information was extracted from the accounts of Essex Corporation at December 31, 2014: The following information was extracted from the accounts of Essex Corporation at December 31, 2014: What should be the balance of retained earnings at December 31, 2014? A) $1,110,000. B) $1,200,000. C) $1,960,000. D) $1,350,000. What should be the balance of retained earnings at December 31, 2014?


A) $1,110,000.
B) $1,200,000.
C) $1,960,000.
D) $1,350,000.

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