Multiple Choice
During January 2022, its first month of operation, Osborn Enterprises earned net income of $6,800 and paid dividends to the owners of $2,000.At January 31, the balance in Retained Earnings will be
A) $0.
B) $6,800 credit.
C) $4,800 credit.
D) $2,000 debit.
Correct Answer:
Verified
Correct Answer:
Verified
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