Business, 08.12.2020 16:50 nehaljay1883

M Company had a retained earnings balance of $4,200 on June 30, 2010. For the fiscal year ended June 30, 2011, sales were $24,000 and expenses were $12,500. Cash dividends of $2,500 were declared and distributed on June 1, 2011. What was the amount of retained earnings on June 30, 2011

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M Company had a retained earnings balance of $4,200 on June 30, 2010. For the fiscal year ended June...

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