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anal Informati. Gmail X Maps YouTube 1 - Chapters 1-3 Saved Help Save & Exit Submit Golden Enterprises started the year with the following: Assets

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anal Informati. Gmail X Maps YouTube 1 - Chapters 1-3 Saved Help Save & Exit Submit Golden Enterprises started the year with the following: Assets $117.000; Liabilities $40,500; Common Stock $70,500; Retained Earnings $6,000. During the year, the company earned revenue of $6,200, all of which was received in cash, and incurred expenses of $3,600, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $2,200 to owners. Assume no other activities occurred during the year. 01:13:56 The amount of Golden's retained earnings at the end of the year is: Multiple Choice O $12,200 0 $6,400 0 O $2,200 Prey 1 of 25 !!! Next >

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