Elston Company Compiled the Following Financial Information as of December

question 27

Multiple Choice

Elston Company compiled the following financial information as of December 31 2022: $$\begin{array} { l r } \text { Service revenue } & \$ 840,000 \\\text { Common stock } & 180,000 \\\text { Equipment } & 240,000 \\\text { Operating expenses } & 750,000 \\\text { Cash } & 210,000 \\\text { Dividends } & 60,000 \\\text { Supplies } & 30,000 \\\text { Accounts payable } & 120,000 \\\text { Accounts receivable } & 300,000 \\\text { Retained earnings, } 1 / 1 / 22 & 450,000\end{array}$$ Elston's retained earnings on December 31 2022 are

• A)$450000.
• B)$540000.
• C)$480000.
• D)$ 30000.

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Definitions:

Wernicke's Aphasia

Wernicke's Aphasia is a neurological disorder characterized by significant difficulties in understanding spoken language, often resulting from damage to the Wernicke's area of the brain.

Brain Regions

Specific areas within the brain responsible for various functions and processes, including cognition, sensory perception, and motor control.

High-Frequency Sounds

Sounds that have a frequency at the higher end of the human hearing range, typically above 2000 Hz.

Low-Frequency Sounds

Sounds that have a low pitch, typically considered to be below 250 Hz, and can range from deeper tones to vibrations.