MC Qu. 32 A company had a beginning balance in ... A company had a beginning balance in retained earnings of $45,250. It had net income of $6,250 and paid out cash dividends of $5,875 in the current period. The ending balance in retained earnings account is equal to: Solution i choose is .

1. MC Qu. 32 A company had a beginning balance in ...
A company had a beginning balance in retained earnings of $45,250. It had net income of $6,250
and paid out cash dividends of $5,875 in the current period. The ending balance in retained
earnings account is equal to:
A company had a beginning balance in retained earnings of $45,250. It had net income of $6,250
and paid out cash dividends of $5,875 in the current period. The ending balance in retained
earnings account is equal to:
Solution
i choose is
$45,625