Nelson Company has the beginning equity accounts as follows

Projected income is and the dividend per share to be paid immediately is 40%. What will the ending retained earnings account be?
A)£90,000
B)£92,000
C)£122,000
D)£210,000
E)£242,000

Question

Nelson Company has the beginning equity accounts as follows

Projected income is  and the dividend per share to be paid immediately is 40%. What will the ending retained earnings account be?
A)£90,000 
B)£92,000 
C)£122,000 
D)£210,000 
E)£242,000

Quizplus · Accepted Answer

The Answer of Nelson Company has the beginning equity accounts as follows

Projected income is  and the dividend per share to be paid immediately is 40%. What will the ending retained earnings account be?
A)£90,000 
B)£92,000 
C)£122,000 
D)£210,000 
E)£242,000

Nelson Company Has the Beginning Equity Accounts as Follows