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Business, 10.05.2021 21:00 biancaceja755

For the year ended December 31, 2019, Tess Inc. reported the following: Net income $180,000 Preferred dividends declared 30,000 Common dividend declared 16,000 Unrealized holding loss, net of tax 3,000 Retained earnings, beginning balance 240,000 Common stock 120,000 Accumulated Other Comprehensive Income, Beginning Balance 15,000 What would Tess report as the ending balance of Retained Earnings

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For the year ended December 31, 2019, Tess Inc. reported the following: Net income $180,000 Preferre...
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