Which is the amount of retained earnings that will be reported on the Statement of stockholders' equity at the end of 2013?
A)$90,000
B)$75,000
C)$150,000
D)$50,000

Question

Quizplus · Accepted Answer

The retained earnings reported on the Statement of Stockholders' Equity at the end of 2013 is $90,000. This is typically calculated by taking the beginning retained earnings, adding net income, and subtracting any dividends paid.

Which Is the Amount of Retained Earnings That Will Be