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Business, 27.11.2019 00:31 scm9170

Kincaid company's retained earnings balance on january 1 was $ 5,000. during the current year, kincaid earned $ 3 comma 300 in revenues and incurred $ 4,100 in expenses. kincaid declared and paid $ 2,200 in dividends, all in cash. after the closing entries are made, kincaid's retained earnings balance on december 31 will be:

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Kincaid company's retained earnings balance on january 1 was $ 5,000. during the current year, kinca...
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