Using the Facts in Question 98,prepare a Statement of Retained

question 6

Essay

Using the facts in question 98,prepare a statement of retained earnings and demonstrate that the accounting equation holds after the retained earnings account has been updated.(Assume that the company pays no dividends.)

---

Definitions:

Density-dependent Factor

A factor whose effects on the size or growth of a population vary with the population density.

Bubonic Plague

An infectious disease caused by the bacterium Yersinia pestis, characterized by swollen lymph nodes, fever, and skin lesions.

Competitive Exclusion

A principle stating that two species competing for the same limiting resources cannot coexist at constant population values; one will always outcompete the other.

Predation

Interaction in which one organism (the predator) uses another (the prey) as a food source.