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What did yucca pay as dividends during may

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Reference no: EM133002809

At May 1, Yucca had a balance in retained earnings of $7,500.This content is copyrighted

  1. Yucca had revenue of 92,000 during May.
  2. Yucca had expense of 42,000 during May.
  3. Yucca received $10,000 from shareholders in exchange for issuing stock during May.
  4. At the end of May, the balance in retained earnings on the balance sheet was 2,600.

Problem 1: What did Yucca pay as dividends during May?

Reference no: EM133002809

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