Please complete the following quiz within 10 minutes. The correct answers will display after the quiz closes on Friday night. AL 9 Question 1 1.25 pts Itra ABC corporation has the following information for Dec 31, 2018. Which of the following is the correct value for Dec 31, 2019 ending retained earnings? Retained earnings Dec 31, 2018 - $500,000 Net Income from 2019 - $30,000 Dividend Distributions from 2019 - $15,000 $545,000 $530,000 $500,000 $515,000 1.25 pts Question 2 $500,000 $515,000 Question 2 1.25 pts Which of the following accounts would appear on an income statement? Unearned Revenue Rent Expense Bonds Payable Retained Earnings 1.25 pts Question 3 ns accounting Retained Earnings Question 3 1.25 pts Which of the following is an example of an external user of ABC corporations accounting information? The Securities Exchange Commission (SEC). ABC's executive management team The prepares of ABC corporation's financial statements. The marketing department at ABC corporation. 1.25 pts Question 4 The prepares of ABC corporation The marketing department at ABC corporation. 1.25 pts Question 4 Which of the following is an example of an operating activity for ABC corporation? ABC Corporation collects $1,000 in payment for goods sold to XYZ corporation the prior month. ABC corporation sells az old building it had once used to manufacture goods. ABC corporation increases its line of credit with JPMorgan with the intent of purchasing land to build a new factory. ABC corporation issues an initial public offering of 50,000 shares of stock sold at a par value of $1.00 per share Quiz saved at 10:42pm Submit Quiz