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At the end of 2013, retained earnings for the Bisk Company was $1,850. Revenue earned by the company in 2013 was $2,100, expenses paid during
At the end of 2013, retained earnings for the Bisk Company was $1,850. Revenue earned by the company in 2013 was $2,100, expenses paid during the period were $1,150, and dividends paid during the period were $550. Based on this information alone, retained earnings at the beginning of 2013 was
A. | $4,200. |
B. | $900. |
C. | $1,450. |
D. | $2,250. |
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