During 2014, Its First Year of Operations, Yaspo's Bakery Had

question 85

Multiple Choice

During 2014, its first year of operations, Yaspo's Bakery had revenues of $100,000 and expenses of $55,000. The business paid dividends of $30,000. What is the amount of equity at December 31, 2014?

• A) $0
• B) $30,000 debit
• C) $15,000 credit
• D) $45,000 credit

---

Definitions:

Barbie

A popular doll brand introduced by Mattel, Inc. in 1959, known for its iconic female figure and vast variety of roles and professions.

G.I. Joe

A line of action figures produced by Hasbro, representing American soldiers and military characters.

Messages

Communications transmitted via various mediums, such as email, text, or spoken word, intended to inform or influence.

Sexual Harassment

Unwanted or unwelcome sexual behavior, which may include comments, gestures, or physical touching, that makes a person feel offended, humiliated, or intimidated.