On January 1, Carlos Slim invested $150,000 to start Slim Corporation. During the year, Slim Corporation had total revenues of $30,000 and total expenses of $8,000. Cash dividends paid totaled $6,000.
What was the ending balance in Slim Corporation's retained earnings account at the end of the year?

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The Answer of On January 1, Carlos Slim invested $150,000 to start Slim Corporation. During the year, Slim Corporation had total revenues of $30,000 and total expenses of $8,000. Cash dividends paid totaled $6,000.
What was the ending balance in Slim Corporation's retained earnings account at the end of the year?

On January 1, Carlos Slim Invested $150,000 to Start Slim