LO 5 EXAMPLE 1-6 Exercise 1-11 Statement of Retained Earnings Ace Corporation has been in…


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LO 5 EXAMPLE 1-6 Exercise 1-11 Statement of Retained Earnings Ace Corporation has been in… 1 answer below » LO5 EXAMPLE 1-6 Exercise 1-11  Statement of Retained Earnings Ace Corporation has been in business for many years. Retained earnings on January 1, 2014, is $235,800. The following information is available for the first two months of 2014: January February Revenues $83,000 $96,000 Expenses 89,000 82,000 Dividends paid 0 5,000 Required Prepare a statement of View complete question » LO5 EXAMPLE 1-6 Exercise 1-11  Statement of Retained Earnings Ace Corporation has been in business for many years. Retained earnings on January 1, 2014, is $235,800. The following information is available for the first two months of 2014: January February Revenues $83,000 $96,000 Expenses 89,000 82,000 Dividends paid 0 5,000 Required Prepare a statement of retained earnings for the month ended February 28, 2014. View less » Jan 29 2016 12:14 PM

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