Maurice Tutor

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Expertise:
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Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 05 Aug 2017 My Price 4.00

Isaac Stern Corporation

(Computation of Retained Earnings) The following information has been taken from the ledger accounts of Isaac Stern Corporation.

Total income since incorporation                                              $317,000

Total cash dividends paid                                                              60,000

Total value of stock dividends distributed                             30,000

Gains on treasury stock transactions                                       18,000

Unamortized discount on bonds payable                              32,000

Instructions

Determine the current balance of retained earnings.

Answers

(5)
Status NEW Posted 05 Aug 2017 04:08 PM My Price 4.00

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