The pro forma accumulated retained earnings account on the balance sheet is projected to (See Table 3.3)
A. increase $52,500.
B. decrease $52,500.
C. increase $57,000.
D. decrease $57,000.
Answer:C
The pro forma accumulated retained earnings account on the balance sheet is projected to (See Table 3.3)
A. increase $52,500. B. decrease $52,500. C. increase $57,000. D. decrease $57,000.