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WHIch of the following best represents value created for stockholders during the current period A) Retained earnings. B) Stockholders' equity. C) Total assets. PANet income 39) When you develop an entry Debits are on top. Credits are on the bottom B) There is no required ordering of Debits and Credits C) Credits are on top. Debits are on the bottom -40) In Cash Flow reporting at the collection of an Account Receivable A) There is no Loss and no Gain B) There is a Loss C) There is a Gain D) It depends on the measuring system 41) Use the following appropriate amounts to calculate net income: Revenues. $12.000; Liabilities. $5.000: Expenses. $4.000; Assets, $19,000: Dividends. $4.000. A) $14,000 B) $6,000 C) $4.000. 6/58,000 B) Measuring Income 42) Duality of Asset Valuation is primarily as issue in 1) Measuring Assets 43) The ending balance of Retained Earnings can best be described as: A) The amount of net income over the life of the company, B) The amount of dividends paid over the life of the company. amount of cash received from stockholders over the life of the company. amount of net income over the life of the company not paid to owners in the form dividends