Anderson corporation had a credit balance of $43,000 in its retained earnings account on december 31, 2014. net income of $6,000 was reported on its income statement for the year ended december 31, 2015. dividends in the amount of $5,625 were declared on december 31, 2015; the dividends are payable to the company's stockholders on february 1, 2016. the balance in its retained earnings account on december 31, 2015 equals
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Anderson corporation had a credit balance of $43,000 in its retained earnings account on december 31...
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