Given the following ledger account and postings,complete the Balance column.Assume no previous postings in the account.
Definitions:
Dividend Income
Earnings received from owning shares of a company that pays dividends.
Shares
Shares represent portions of equity in a company or an investment, entitling holders to a proportional share of any distributed profits, known as dividends, when they are announced.
Capital Gain
The profit from the sale of a capital asset, such as stocks or real estate, where the sale price exceeds the purchase price.
Dividends
Payments made by a corporation to its shareholder members, often derived from the company's profits.
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