The Following Selected Amounts Are Available for Thomas Company What Is Its Ending Retained Earnings Balance?
A)$3,200

question 161

Multiple Choice

The following selected amounts are available for Thomas Company. $\begin{array}{lr}\text { Retained earnings (beginning) } & \$ 3,500 \\\text { Net loss } & 200 \\\text { Cash dividends declared } & 200 \\\text { Stock dividends declared } & 200\end{array}$ What is its ending Retained Earnings balance?

• A)$3,200.
• B)$3,300.
• C)$2,900.
• D)$3,100.

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Definitions:

Lewis Structure

A graphical representation of the distribution of electrons in molecules, showing how the atoms are bonded together and the pairs of electrons not involved in bonding.

Boron Trifluoride

A pungent, toxic gas that forms white fumes in moist air and is used in various chemical reactions as a catalyst.

Octet

The state of an atom achieved when it has a full valence shell of eight electrons, making it stable and less reactive.

Methyl Chloride

A colorless, flammable gas used as a refrigerant, solvent, and in organic synthesis.