Business, 02.07.2021 02:30, joriwilliams3018

Anderson Corporation had a credit balance of $43,000 in its Retained Earnings account on December 31, 2018. Net income of $6,000 was reported on its income statement for the year ended December 31, 2019. Dividends in the amount of $5,625 were declared on December 31, 2019 and are payable to the company's stockholders on February 1, 2020. The balance in its Retained Earnings account on December 31, 2019 equals .

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Anderson Corporation had a credit balance of $43,000 in its Retained Earnings account on December 31...