The accountant for ti company is preparing the company's statement of cash flows for the fiscal year just ended. the following information is available:
retained earnings balance at the beginning of the year $151,000
cash dividends declared for the year 46,000
net income for the year 92,000
what is the ending balance for retained earnings?

$197,000

Explanation:

Given that,

Retained earnings balance at the beginning of the year = $151,000

Cash dividends declared for the year = $46,000

Net income for the year = $92,000

Ending balance for retained earnings:

= Opening balance + Profit earned during the year - Cash dividends declared for the year

= $151,000 + $92,000 - $46,000

= $197,000

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.