Retained Earnings at the Beginning and Ending of the Accounting

question 68

Multiple Choice

Retained Earnings at the beginning and ending of the accounting period was $300 and $700, respectively. If revenues were $1,100 and dividends paid to stockholders were $200, expenses for the period must have been

• A)$500.
• B)$400.
• C)$900.
• D)$700.

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