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Business, 30.07.2020 19:01 alexisgilford

The Andrews company currently has the following balances in their equity accounts: Common Stock $12,081 Retained earnings -$5,011 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year?

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The Andrews company currently has the following balances in their equity accounts: Common Stock $12,...
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