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Retained Earnings at the Beginning and Ending of the Period

Question 87

Multiple Choice

Retained Earnings at the beginning and ending of the period were $650 and $1,400, respectively. If revenues were $2,500 and dividends paid to stockholders were $550, what was the amount of expenses for the period?


A) $1,750.
B) $750.
C) $1,950.
D) $1,200.

Correct Answer:

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