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are these the right answers? if not which one is correct please? D Question 2 8 pts All of the following are interrelationships that are
are these the right answers? if not which one is correct please?
D Question 2 8 pts All of the following are interrelationships that are important to understand when preparing financial statements except: All of the expenses on the income statement must match the cash payments for operating activities on the statement of cash flows. The cash on the balance sheet should be equal to the cash at the end of the period on the statement of cash flows. The ending retained earnings from the Retained earnings statement is used in the stockholder's equity section of the balance sheet. The net income from the income statement is used in the retained earnings statement. D Question 3 8 pts Christiane Company reported total stockholders' equity of $145,000 on its Dec 31, 2017, balance sheet. The following information is available for the year ended Dec 31, 2018: Revenues $ 210,000 165,000 Expenses. Liabilities, on December 31, 2018 .......... 72.000 What are the total assets of Christiane Company on December 31, 2018? $190.000 $262.000 $210,000 $92.000 Question 4 8 pts On January 1, 2020, Little Corporation's retained earnings account had a balance of $785,000. During the year 2020, the company had revenues of $135,000 and expenses of $93,000. On December 31, 2020, the company's Retained earnings had a balance of $811,500. Determine the amount of dividends paid by the company during the year 2020. O $30,750 O $15.500 $13,250 O $42.500 Step by Step Solution
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