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Questi 16 Not yet answered Quia Marked out of ABC Restaurants Pty Ltd started the year with retained earnings of $20,000 credit. During the year

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Questi 16 Not yet answered Quia Marked out of ABC Restaurants Pty Ltd started the year with retained earnings of $20,000 credit. During the year the business earned $100,000 in income and incurred $55,000 in expenses. Dividends paid were $10,000. The closing balance of retained earnings at the end of the year was: P Pag question Select one: a. $65,000 O b. $55,000 O O C. $45,000 d. $35,000 e. None of the above O 9c 1 SONY

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