The Total Revenues of $6,500,total Expenses of $3,500 and Dividends

question 69

Multiple Choice

The total revenues of $6,500,total expenses of $3,500 and dividends of $500 were recorded in the closing entries.The net change in Retained Earnings for the month was:

• A)$6,000.
• B)$3,000.
• C)$2,500.
• D)$3,500.

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Definitions:

Blood Type A

A blood group in the ABO blood typing system, characterized by the presence of the A antigen on the surface of red blood cells.

Joint Frequency Distribution

a table showing the frequency of two or more variables occurring together in a set of observations.

Female

Referring to the sex of an organism, or part of an organism, which is characteristic of producing non-mobile ova (egg cells) and typically possessing XX chromosomes in mammals.

At Most

A term used to indicate a maximum limit or boundary in mathematical expressions or everyday language.