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Retained Earnings at the Beginning and Ending of the Accounting

Question 84

Multiple Choice

Retained earnings at the beginning and ending of the accounting period were $300 and $800,respectively.Revenues of $1,100 and dividends paid to stockholders of $200 were reported during the period.What was the amount of expenses reported for the period?


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

Correct Answer:

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