Retained Earnings at the Beginning and Ending of the Accounting

question 55

Multiple Choice

Retained earnings at the beginning and ending of the accounting period were $1,000 and $2,100, respectively. Revenues of $3,900 and dividends paid to stockholders of $900 were reported during the period. What was the amount of expenses reported for the period?

• A)$3,000.
• B)$1,100.
• C)$2,800.
• D)$1,900.

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Definitions:

Learning

A change in behavior, resulting from experience.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, encouraging or discouraging certain behaviors.

Learning

The acquisition of knowledge or skills through experience, study, or being taught.

Learning

The process of acquiring knowledge, behaviors, skills, values, or preferences, often resulting from study, experience, or teaching.