Data for Kennedy Realty Are as Follows The Owner, Finn Kennedy, Received a Dividend of $30,000 During

question 207

Essay

Data for Kennedy Realty are as follows: $\begin{array}{llcc} \text { Total assets at January 1.................... } &\$100,000\\ \text {Total liabilities at January 1................ } &35,000\\ \text {Total revenues for the year.................. } &79,000\\ \text { Total expenses for the year................. } &47,000\\\end{array}$
The owner, Finn Kennedy, received a dividend of $30,000 during the year. Using the above data, prepare Kennedy Realty's Statement of Retained Earnings for the year ended December 31.

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Dress

A piece of clothing for women or girls that covers the body and extends down over the legs.

Identification

in psychology, the process whereby an individual assimilates an aspect, property, or attribute of another and is transformed, wholly or partially, by the model the other provides.

Sex-Role Identity

An individual's identification with the cultural expectations and roles associated with their biological sex.

Early Childhood

A critical period in human development spanning from birth to around 8 years old, where fundamental physical, cognitive, emotional, and social development occurs.