Based on the following data and assuming that the common stock account balance is $ 62000, what is the balance in retainedearnings?Accounts payable$89000Accounts receivable61000Cash80000Inventory141000Buildings170000Bonds

asked Jan 25, 2023 87.1k views

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We have:

Total assets

Total liabilities

Stockholders equity

Retained earnings

Answer: $104,600

Steve Paulo answered Jan 31, 2023

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