Multiple Choice
The Retained Earnings account had a beginning credit balance of $26,000.During the period,the business had a net loss $12,000,and the company paid dividends of $8,000.The ending balance in the Retained Earnings account is:
A) $6,000.
B) $30,000.
C) $22,000.
Correct Answer:
Verified
Correct Answer:
Verified
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