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all please Asume that red cars at the beginning of the period equals 5250.000 and retained earnings at the end of period equals 150.000. Asume

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Asume that red cars at the beginning of the period equals 5250.000 and retained earnings at the end of period equals 150.000. Asume that non cecared or Dald during the period net income for the periods 150.000 net income for the end 5350,000 to other 550.000 for the end 150.000 Net Income is O the amount the company earned after expenses and dividends are subtracted from revenue. O the amount by which assets exceed expenses the amount by which assets exceed liabilities O the amount by which revenues exceed asset O none of the above Which of the following statements is true? When net income is positive, revenue is greater than expenses. When net income is negative, retained earnings decreases, all other things equal. When net income is positive, stockholders' equity increases, all other things equal. O All of these Which of the following accounts would be classified as a liability? Dividends declared. Unearned revenue. Wages expense. O None of these

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