Author Question: The term cash has several different meanings. a. True b. False Indicate whether the statement ... (Read 18 times)

fasfsadfdsfa · **on:** Jul 5, 2018

The term cash has several different meanings.
a. True
b. False
Indicate whether the statement is true or false

Question 2

For June, Team Shirts had a beginning balance in its Retained earnings account of 500. Net income for the month was 875. Team Shirts paid dividends of 200. The ending balance in Retained earnings was ________.

A) 675
B) 1,575
C) 1,175
D) 1,375