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At the End of 2013, Retained Earnings for the Bisk

Question 138

Multiple Choice

At the end of 2013, retained earnings for the Bisk Company was $1,750. Revenue earned by the company in 2013 was $2,000, expenses paid during the period were $1,100, and dividends paid during the period were $500. Based on this information alone, retained earnings at the beginning of 2013 was


A) $850.
B) $2,150.
C) $1,350.
D) $4,000.

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