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Author Question: A change in the retained earnings account is the result of the _____ for the period and the payment ... (Read 59 times)

anshika

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on: Jul 6, 2018
A change in the retained earnings account is the result of the _____ for the period and the payment of ____ .
 
  Fill in the blanks with correct word

Question 2

Grand Co cash count at the end of the day totals 1,580 and the cash register tape shows 1,415 . The amount of the change fund is 150 . Grand Co would record the revenue for the day as follows
 a. Cash 1,580
  Income from Services 1,580
   b. Cash 1,430
  Cash Short and Over 15
  Income from Services 1,415
   c. Cash 1,415
  Income from Services 1,415
   d. Cash 1,600
  Cash Short and Over 15
  Income from Services 1,585


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sarah_brady415

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Reply #1 on: Jul 6, 2018
Answer to Question 1

net income, dividends

Answer to Question 2

b


anshika

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

irishcancer18

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  • Posts: 310
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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