Question

Rathore company recorded revenue of $150,000 and expenses of $80,000 in March this year. The company also purchased a small building during the period for $15,000 cash. After declaring and paying dividends of $10,000, the company’s Retained Earnings account balance on January 31, is 75,000. The company’s Retained Earnings account balance on March 1, is:

Answer 1

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Answer 2

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