A summary of selected ledger accounts appears below for Solomon's Electrical Services for the current calendar year-end. (1) The $18,000 debit to Retained Earnings on December 31 must represent
A)dividends paid
B)net income
C)net loss
D)sales of common stock

Question

A summary of selected ledger accounts appears below for Solomon's Electrical Services for the current calendar year-end. (1)  The $18,000 debit to Retained Earnings on December 31 must represent
A)dividends paid 
B)net income 
C)net loss 
D)sales of common stock

Quizplus · Accepted Answer

The Answer of A summary of selected ledger accounts appears below for Solomon's Electrical Services for the current calendar year-end. (1)  The $18,000 debit to Retained Earnings on December 31 must represent
A)dividends paid 
B)net income 
C)net loss 
D)sales of common stock

A Summary of Selected Ledger Accounts Appears Below for Solomon's