This company's end-of-year balance sheet consisted of the following amounts:

-Refer to Bargain Spot Fabrics. What is the retained earnings balance at the end of the current year?
A)$50,000
B)$550,000
C)$800,000
D)$850,000

Question

This company's end-of-year balance sheet consisted of the following amounts:
 
-Refer to Bargain Spot Fabrics. What is the retained earnings balance at the end of the current year?
A)$50,000 
B)$550,000 
C)$800,000 
D)$850,000

Quizplus · Accepted Answer

The Answer of This company's end-of-year balance sheet consisted of the following amounts:
 
-Refer to Bargain Spot Fabrics. What is the retained earnings balance at the end of the current year?
A)$50,000 
B)$550,000 
C)$800,000 
D)$850,000

This Company's End-Of-Year Balance Sheet Consisted of the Following Amounts