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Retained Profits of Livermore Pty Ltd at 1 July 2015

Question 62

Multiple Choice

Retained profits of Livermore Pty Ltd at 1 July 2015 were $5500.The accounting records for year ended 30 June 2016 showed the following information: Retained profits of Livermore Pty Ltd at 1 July 2015 were $5500.The accounting records for year ended 30 June 2016 showed the following information: - What were Livermore's retained profits at 30 June 2016? A) $3750 B) $7250 C) $8750 D) $5500
- What were Livermore's retained profits at 30 June 2016?


A) $3750
B) $7250
C) $8750
D) $5500

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