FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Doris Corporation has retained earnings of 684,800 at January 1, 2019.
Net income during 2019 was 1,690,600, and cash dividends declared and paid during 2019 totaled
84,200.
Prepare a retained earnings statement for the year ended December 31, 2019. (List items that
increase retained earnings first.)
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Transcribed Image Text:Doris Corporation has retained earnings of 684,800 at January 1, 2019. Net income during 2019 was 1,690,600, and cash dividends declared and paid during 2019 totaled 84,200. Prepare a retained earnings statement for the year ended December 31, 2019. (List items that increase retained earnings first.)
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