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On February 1, 2022, the balance of the retained earningsaccount of Blue Power Corporation was $132,000. Revenues forFebruary totaled $47,000, of which $41,500 was collected

On February 1, 2022, the balance of the retained earningsaccount of Blue Power Corporation was $132,000. Revenues forFebruary totaled $47,000, of which $41,500 was collected in cash.Expenses for Fe On February 1, 2022, the balance of the retained earnings account of Blue Power Corporation was \( \$ 132,000 \). Revenues for Fobruary totaled \( \$ 47,000 \), of which \( \$ 41,500 \) was collected 1 answer

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