All of the following statements are true regarding retained earnings except a.the amount of dividends is added to net loss to arrive at the retained earnings ending balance.
b.the retained earnings beginning balance is usually the retained earnings ending balance from the previous period.
c.the first item normally presented on the statement of stockholders' equity is the balance of retained earnings at the end of the period.
d.the amount of dividends is deducted from net income to arrive at the retained earnings ending balance.

Answers

Answer 1
Answer:

Answer:

The correct answer is option c.

Explanation:

Retained earnings are the part of the revenue which is left after making payments to investors. In other words, it is the part of net income which is left after paying dividends.

It is calculated by adding net income to or subtracting net losses from the previous term's retained earnings and then subtracting net dividend paid to the shareholders.

It is calculated at the end of each accounting period and the retained earnings beginning balance is usually the retained earnings ending balance from the previous period.


Related Questions

Brian would like to get a new cell phone plan. He would like to know what monthly payment he can afford. He should _____.create a budget by listing and totaling his income and expenses, and then subtracting his expenses from his income.use a spreadsheet to list his income and his assets and find the totalrun his credit reportcalculate his net worth
On December 31st, end of current year, ABC Company needs to record 4 months of accrued interest on a loan for $10,000 at 5%. The note payable is not due for another 3 months. What is the amount of Interest Payable accrued on December 31st of the current year (round to the nearest dollar)
Whose responsibility is it to design, implement, and consistently review a risk-management system?
The expense of making an additional shirt is known as the _____ .
Job order costing and process costing are a.cost flow systems b.inventory tracking systems c.cost accounting systems d.pricing systems

Mining companies, farms, financial services, and fisheries are all examples of: transactional markets. cooperative markets. reseller markets. industrial markets. government markets.

Answers

mining companies , farms, financial services, and fisheries are all examples of Industrial markets

Industrial markets refer to the business who focus themselves on serving their costumer in specific field of products or services. For example, farms server their customers in Agricultural and farming  products.

70 is 350% of what number choose the correct solution A.350/100 B.1/5 C.70/20 D.70/245

Answers

Answer:

they are correct

Explanation:

c

Quince owns a used-car lot where ray works as a salesperson. quince tells ray not to make any warranties for the cars. to make a sale to sylvia, however, ray adds a 50,000-mile warranty. later, sylvia sues quince for breach of warranty. quince's right to hold ray liable for any damages he has to pay is the right ofa. ​indemnification.
b. ​reimbursement.
c. ​cooperation.
d. ​avoidance.

Answers

Quince's right to hold ray liable for any damages he has to pay is the right of indemnification. The correct answer is letter A. Indemnification is defined as a contractual obligation by which one party is obliged to compensate the loss by which the associated party has experienced because of the act done by the other.

Use _____ words such as oversaw, multitasked, and interacted to describe your work experience.

Answers

I've been working as a supervisor in P&J Drugstore for about 5 years. My main job as a supervisor is to oversaw all my sales persons when they interacted with the costumers. Often time, i also have to multitasked some of my jobs for time efficiency, such as checking the purchase order and company's invoice at the same time

Use action words such as oversaw, multitasked, and interacted to describe your work experience.

Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, will she have to pay the work-study compensation back? Why or why not?Select the best answer from the choices provided.
A. She will not have to repay the work-study compensation because that income is not a loan.
B. She will have to repay the work-study compensation if she attended an out-of-state college.
C. She will not have to repay the work-study compensation if her parents paid part of her college expenses.
D. She will have to repay the work-study compensation if she paid part of her college expenses from her savings.

Answers

Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, she will not have to repay the work-study compensation because that income is not a loan.

Thus the answer is letter A.
>>The work-study program caters part-time employment to undergraduates and graduates to help with college expenses. There are two different kinds of work-study: Federal Work-Study and non-Federal Work-Study.

A primigravida client arrives in the labor and delivery unit and describes her contractions as occurring every 10—12 minutes, lasting 30 seconds. She is smiling and very excited about the possibility of being in labor. On exam, her cervix is dilated 2 cm, 100% effaced, and is a -2 station. What best describes this labor?

Answers

Answer:

This patient is currently on the latent phase (or early phase) of the first phase of labor.

Explanation:

The first stage of labor is the dilation stage. This stage can also be divided into 2 phases: the latent (in which contractions are still isolated but start to become more coordinated and cervix dilate until 4 cm) and active phase (in which cervix achieve full dilation and contractions are rhythmic (2 or 3 contractions in 10 minutes of 30 seconds each)).

The station establishes the grade of descent of the baby trough the pelvis. At the -3 station, the head of the baby is above the pelvis, and at 0 station, the head is fully engaged (at the bottom of the pelvis). So, this patient’s baby is starting to descent, but still not fully engaged.  

The second stage of labor is the birth of the baby, and the third, the delivery of the placenta.