alleryStart learning →Opening retained earnings 2,00,000, profit 80,000, dividend 30,000. Closing?
ARs 2,80,000
BRs 1,50,000
CRs 3,10,000
DRs 2,50,000
Answer & Solution
Correct answer: D. Rs 2,50,000
Closing retained earnings equal 2,00,000 plus 80,000 profit less 30,000 dividend, so Rs 2,50,000.
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