Below are several accounts from Norel Company's accounting records. The amount of retained earnings at the end of the year is:
A) $34,000.
B) $40,000.
C) $52,000.
D) $64,000.

Question

Below are several accounts from Norel Company's accounting records.  The amount of retained earnings at the end of the year is:
A) $34,000. 
B) $40,000. 
C) $52,000. 
D) $64,000.

Quizplus · Accepted Answer

The Answer of Below are several accounts from Norel Company's accounting records.  The amount of retained earnings at the end of the year is:
A) $34,000. 
B) $40,000. 
C) $52,000. 
D) $64,000.

Below Are Several Accounts from Norel Company's Accounting Records