The Following Information Is Available for the Higgins Travel Agency

question 56

Multiple Choice

The following information is available for the Higgins Travel Agency.After closing entries are posted,what will be the balance in the Retained earnings account?

• A)$75,500.
• B)$184,500.
• C)$99,500.
• D)$160,500.
• E)$130,000.

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Definitions:

Chronic Illness

A long-lasting health condition that can be managed but not cured, often affecting a person's lifestyle and well-being.

Bed Bath

A method of bathing someone who is bedridden or unable to bathe themselves, typically performed with a washcloth and basin of water.

Standard Precautions

A set of infection control practices used to prevent transmission of diseases that can be acquired by contact with blood, body fluids, non-intact skin (including rashes), and mucous membranes.

Personal Protective Equipment

Personal protective equipment, or PPE, refers to protective clothing, helmets, gloves, face shields, goggles, facemasks, and/or respirators or other equipment designed to protect the wearer from injury or infection.