If net income for the period was $134,250,dividends distributed were $76,530 and Ending Retained Earnings was $862,520,what was the Beginning Retained Earnings for the period?
A)$1,073,300
B)$651,740
C)$804,800
D)$920,240
E)$728,270

Name: If net income for the period was $134,250,dividends distributed were $76,530 and Ending Retained Earnings was $862,520,what was the Beginning Retained Earnings for the period? A)$1,073,300 B)$651,740 C)$804,800 D)$920,240 E)$728,270
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Quizplus · Accepted Answer

862,520+76,530-134,250 = 804,800

If Net Income for the Period Was $134,250,dividends Distributed Were