CTB Company compiled the following financial information at…
CTB Company compiled the following financial information at December 31st :Revenues $440,000Retained earnings (January 1st ) 50,000Building 80,000Expenses 260,000Investments 95,000Dividends 25,000Cash 15,000Accounts payable 45,000Accounts receivable 80,000Common stock 60,000Total stockholders’ equity on December 31st is
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