Bruni Corporation began operations on January 1, 2014. During January, Bruni earned revenue of €90,000, incurred expenses of €44,000, and paid dividends of €6,000. Retained earnings at the end the month is
A) €40,000.
B) €46,000.
C) €52,000.
D) €90,000.
Correct Answer:
Verified
Q183: Net income for the month of December
Q184: During October, Mica Inc. sold ordinary shares
Q185: At October 1, Smithson Enterprises reported equity
Q186: During May, Brunhilde Company earned revenue of
Q187: During June, Sing Tao Inc. sold ordinary
Q189: At December 31, 2014, liabilities total
A) £32,000.
B)
Q190: During January, Bruni Corporation earned revenue of
Q191: Nigiri Inc. began operations on October 1,
Q192: Sing Tao inc. began operations on June
Q193: During 2014, Li & Fung Corporation earned
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents