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Bruni Corporation Began Operations on January 1, 2014

Question 126

Multiple Choice

Bruni Corporation began operations on January 1, 2014. During January, Bruni earned revenue of €90,000, incurred expenses of €44,000, and paid dividends of €6,000. Retained earnings at the end the month is


A) €40,000.
B) €46,000.
C) €52,000.
D) €90,000.

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