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kkurt [141]
2 years ago
10

the following selected amounts are available for marigold company. retained earnings (beginning) $820 net loss 130 cash dividend

s declared 90 stock dividends declared 90 what is its ending retained earnings balance? $730 $640 $690 $510
Business
1 answer:
nlexa [21]2 years ago
8 0

Beginning Retained Earnings + Net Income ($22,000) − Dividends ($4,000) = Ending Retained Earnings ($51,200)

After deducting dividend payments, a company's retained earnings are its total net earnings or profits. The term "retained" refers to a crucial idea in accounting that describes how earnings were held by the corporation rather than distributed to shareholders as dividends.

Because of this, retained earnings go down when a business experiences a loss or pays dividends and go up when new profits are generated.

Retained earnings are a corporation's prior profits, less any dividends the company has previously paid. The following alternatives, which in general encompass all potential uses a firm might make of its excess cash, will help you better comprehend what retained earnings can tell you.

Learn More About Earning:

brainly.com/question/21219294

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Should a registered representative enter into a private securities transaction that would entail earning compensation, the emplo
Andre45 [30]

The employing member will have the opportunity to approve or disapprove of the associated person's participation.

“Registered representative” is a term that describes a person who is licensed to shop for and promote securities for customers and is subsidized by using a firm registered with the financial industry Regulatory Authority (FINRA).

Independent broker-dealers feature as complete-provider brokerage companies, however, continue to be unfastened from the limitations and demands of a large Wall Street corporation. RIAs are independent fiduciaries who may accomplice with several broker-sellers, promoting a variety of products and services.

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7 0
2 years ago
Rider Company is in the process of preparing it closing entries. It first closes its revenue accounts by crediting the Income Su
Ksivusya [100]

Answer:

B. Debit Income summary                  Debit              $ 23,000

   Retained Earnings                           Credit                                $ 23,000

Explanation:

The closing entries are recorded to close the current year's income statement  to the retained earnings account,

According to the data in the question, the revenue is closed to the credit of the income Summary  of $ 68,000 and the expenses are closed to the debit of the Income Summary of $ 45,000. This leaves a credit balance of $ 23,000 in the income summary account which is closed by debiting the income summary account and crediting the retained earnings account.

Since the revenue exceeded the expenses, the result ia  a profir which should increase the retained earnings account, which would be the case by a credit to the retained earnings account.

7 0
3 years ago
The name of a key is based on the name of the corresponding .
Nata [24]
Vas happenin!!

Scale is for to find your note or key

Clef is the beginning of the notes

Pitches are for singing

Signature is your own voice

I would go with scale


Hope this helps

-Zayn Malik
5 0
2 years ago
The following information are available about the economy, where all figures are in million dollars: Full employment = $2,000, C
Softa [21]

Answer:

C.

Explanation:

HOPE ITS HELP YOU

THANKSSS

4 0
3 years ago
_____________ is a short-term debt security sold by a business firm or financial institution to another business or institution
xeze [42]

Answer:

A repurchase agreement.

Explanation:

A repurchase agreement is a short-term debt security sold by a business firm or financial institution to another business or institution where the seller agrees to buy back the security at a specified price and date.

4 0
3 years ago
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