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

question 130

Multiple Choice

During 2022 its first year of operations Jane's Bakery had revenues of $130000 and expenses of $66000.The business paid cash dividends of $36000.What is the balance in Retained Earnings at December 31 2022?

• A)$0
• B)$36000
• C)$28000
• D)$64000

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Definitions:

Human Brain

The central organ of the human nervous system, responsible for processing sensory information, regulating bodily functions, and enabling thought, emotion, and memory.

Conscious Activity

Actions or processes that involve awareness and deliberate thought or intention.

Reasoning

The action of thinking about something in a logical, sensible way.

Nel Noddings

An American feminist, educator, and philosopher best known for her work in philosophy of education, educational theory, and ethics of care.