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Question 5 10 Point The Southern Company began the accounting period with assets of 3600, common stock of $200, and retained earnings of $250. During

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Question 5 10 Point The Southern Company began the accounting period with assets of 3600, common stock of $200, and retained earnings of $250. During the period, revenue was $300, expenses were $200 and dividends were $50. Common stock was unchanged during the accounting period. Labilities decreased by $100. Based on this information A retained earnings at the end of the period amounted to $350. total assets at the end of the period were $550. net Income amounted to 550 D) liabilities at the end of the period amounted to $100 Question 6 TOP The entry to record revenue on account A decreases equity B one of the above increases O de

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