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Harrison Harrison
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6 years ago
Closing retained earnings as reported on the balance sheet represent a company's net income from its formation, less the cumulative dividends declared to-date.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
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TheSinTheSin
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6 years ago
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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You make an excellent tutor!
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