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At September 1, 2022, Baxter Inc

question 147

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At September 1, 2022, Baxter Inc.reported Retained Earnings of $423,000.During the month, Baxter generated revenues of $60,000, incurred expenses of $36,000, purchased equipment for $15,000 and paid dividends of $6,000.What is the balance in Retained Earnings at September 30, 2022?


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