From the Following Information,determine the Ending Balance in Retained Earnings

question 4

Multiple Choice

From the following information,determine the ending balance in Retained Earnings.
$\begin{array} { l l } \text { 1. Faginning Retained Eamings } & \$ 6,200 \\\text { 2. Cash } & 1,900 \\\text { 3. Acrounts Payzble } & 1,100 \\\text { 4. Sales } & 27,000 \\\text { 5. Merchandise Inventory } & 9,200 \\\text { 6. Cost of Goods Sold } & 14,400 \\\text { 7. Salary Experse } & 9,900\end{array}$

• A)$ 6,200
• B)$ 8,900
• C)$12,700
• D)$18,900
• E)$20,000

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Definitions:

Teratogens

Any agent that can cause developmental malformations (birth defects) in an embryo or fetus.

Prenatal

Pertaining to the period before birth, from conception to the onset of labor.

Newborns

Infants in their first few hours to weeks of life, particularly before they are one month old, encompassing the very early stages of development.

Startle Reflex

A quick, involuntary response or jump that humans and animals make in response to a sudden, unexpected stimulus.