Multiple Choice
The ending retained earnings balance of Baha Company is $800,000.During the current year,net income is $370,000 and dividends declared are $150,000.What is the beginning balance in retained earnings?
A) $520,000
B) $580,000
C) $800,000
D) $1,060,000
Correct Answer:
Verified
Correct Answer:
Verified
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