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Mathematics, 25.07.2019 23:20, keisha7795
Wave corporation began the current year with a retained earnings balance of $25,000. during the year, the company corrected an error made in the prior year, which was a failure to record depreciation expense of $5,000 on equipment. also, during the current year, the company earned net income of $15,000 and declared cash dividends of $5,000. compute the year-end retained earnings balance.
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Wave corporation began the current year with a retained earnings balance of $25,000. during the year...
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