During 2022, Its First Year of Operations, Jane's Bakery Had

question 125

Multiple Choice

During 2022, its first year of operations, Jane's Bakery had revenues of $130,000 and expenses of $66,000.The business paid cash dividends of $36,000.What is the balance in Retained Earnings at December 31, 2022?

• A)$0
• B)$36,000 debit
• C)$28,000 credit
• D)$64,000 credit

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Closing Pleasantly

This refers to ending a communication interaction, such as a letter, email, or meeting, in a friendly and satisfying manner to leave a good impression.

Response Message

A communication made in reply to a received message, often intended to provide answers or clarification.

Graphic Devices

Visual elements such as charts, diagrams, and illustrations used to represent information or concepts.

Response Message

A response message is a reply or reaction to an initial communication or request, often used in both personal and professional settings to provide information, clarification, or decisions.