Anderson Corporation had a credit balance of $43,000 in its Retained Earnings account on December 31, 2018. Net income of $6,000 was reported on its income statement for the year ended December 31, 2019. Dividends in the amount of $5,625 were declared on December 31, 2019 and are payable to the company's stockholders on February 1, 2020. The balance in its Retained Earnings account on December 31, 2019 equals _____.

Question

01-07-2021
Business

Answered

Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Anderson Corporation had a credit balance of $43,000 in its Retained Earnings account on December 31, 2018. Net income of $6,000 was reported on its income statement for the year ended December 31, 2019. Dividends in the amount of $5,625 were declared on December 31, 2019 and are payable to the company's stockholders on February 1, 2020. The balance in its Retained Earnings account on December 31, 2019 equals _____.

Sagot :

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.

Reggie has enough flour to last for 40 days. If he increases his use of flour by 25%, however, how many days' worth of flour will he have? A: 30 days B: 28

If r = 9, b = 5, and g = −6, what does (r + b − g)(b + g) equal? F. −20 G. 0−8 H. 0 8 J. 19 K. 20

The expression −8x^3(7x^6 − 3x^5) is equivalent to: A. −56x^9 + 24x^8 B. −56x^9 − 24x^8 C. −56x^18 + 24x^15 D. −56x^18 − 24x^15 E. −32x^4

Why does the octopus make a " screen" ?

In the standard (x,y) coordinate plane, what are the coordinates of the midpoint of a line segment whose endpoints are (–3,0) and (7,4) ? A. (2,2) B. (2,4) C. (

a drawer has some red ,green and blue marbles.there are 33 marbles . there are 4 times as many red marbles as green marbles.there are half as many blue marbles

Reggie has enough flour to last for 40 days. If he increases his use of flour by 25%, however, how many days' worth of flour will he have? A: 30 days B: 28

A rectangle has an area of 32 square feet and a perimeter of 24 feet. What is the shortest of the side lengths, in feet, of the rectangle? F. 1 G. 2 H. 3 J. 4

An industrial cleaner is manufactured using only the 3 secret ingredients A, B, and C, which are mixed in the ratio of 2:3:5, respectively, by weight. How many

If x = 3 and y = -1, then 3x2 + 2xy - 5 = ? A: 18 B: 24 C: 12 D: 16