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What is the value of retained earning and contributed

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Reference no: EM132489019

You acquire a company (Sole trader) using some cash and by taking out a loan. the company has $100 retained earnings and $100 Contributed capital.

  • After You acquire this company I inject $100 capital.

Question 1: After You have acquired this company and injected this $100 capital what is the value of retained earning and contributed capital on the balance sheet?

 

Reference no: EM132489019

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