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Business, 18.12.2019 07:31 msjoey45

Grason corporation is preparing a budgeted balance sheet for 2018. the retained earnings balance at december 31, 2017 was $541,500. the 2018 budgeted income statement shows expected net income of $116,000. the company expects to declare dividends during 2018 amounting to $44,000. the expected balance in retained earnings on the 2018 budgeted balance sheet is:

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Grason corporation is preparing a budgeted balance sheet for 2018. the retained earnings balance at...
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