Using the Information Below from the Accounting Records of Thomas$$\begin{array} { l r }
\text { Assets } & \$ 1,200,000 \
\text { Liabilities } & \$ 800,000 \
\text { Net income } & \$ 100,000 \
\text { Retained earnings } & \$ 250,000
\end{array}$$

Question

Using the Information Below from the Accounting Records of Thomas$$\begin{array} { l r } 
\text { Assets } & \$ 1,200,000 \
\text { Liabilities } & \$ 800,000 \
\text { Net income } & \$ 100,000 \
\text { Retained earnings } & \$ 250,000
\end{array}$$

Examlex · Accepted Answer

The Answer of Using the Information Below from the Accounting Records of Thomas$$\begin{array} { l r } 
\text { Assets } & \$ 1,200,000 \
\text { Liabilities } & \$ 800,000 \
\text { Net income } & \$ 100,000 \
\text { Retained earnings } & \$ 250,000
\end{array}$$

Using the Information Below from the Accounting Records of Thomas

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