The Following Information Is Available for the Higgins Travel Agency $$\begin{array} { l r } \text { Net Income } & \$ 42,500 \\\text { Retained earnings } & 130,000 \\\text { Dividends } & 12,000\end{array}$$

question 324

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?
$$\begin{array} { l r } \text { Net Income } & \$ 42,500 \\\text { Retained earnings } & 130,000 \\\text { Dividends } & 12,000\end{array}$$

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

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Definitions:

Foreign Substances

Materials or elements that are not naturally part of the body or a particular ecosystem, which can sometimes trigger immune responses or toxic reactions.

Immunity

The body's ability to resist or eliminate potentially harmful foreign materials or abnormal cells.

Autoimmune Disease

Diseases where the immune system mistakenly attacks healthy cells in the body, leading to inflammation and tissue damage in various organs.

T-cells

A type of white blood cell that plays a central role in the immune system, helping to protect the body against infection and disease.