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The General Shareholders Meeting agrees in March Year 2 the following distributi...
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The General Shareholders Meeting agrees in March Year 2 the following distribution for the 1,200 net income of Year 1:
Offset of losses from previous years 200
Legal reserves 240
Dividends (including the interim) 760
Considering that during Year 1 there has been an interm dividend of 600€, what will be the accounts to be considered on the credit side of the following entry in March Year 2?
1,200 Net Income (129) ......??
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