________ Is (Are) the Final Balancing Element of the Balance

question 110

Multiple Choice

________ is (are) the final balancing element of the balance sheet.

• A) Assets
• B) Net income
• C) Retained earnings
• D) Dividends

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Definitions:

Aristotle

An ancient Greek philosopher and scientist, whose works cover a wide range of subjects, including politics, metaphysics, ethics, and logic.

Empirical Approach

An empirical approach relies on observation, experimentation, and evidence rather than theory or pure logic to understand and analyze phenomena.

Aristotle

An ancient Greek philosopher and polymath whose works covered many subjects, including physics, biology, ethics, politics, and poetics.

Virtuous Character

A set of qualities that exemplify moral excellence and righteousness in an individual.