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Retained Earnings at the beginning and ending of the accounting period was $550 and $1,200, respectively. If revenues were $2,100 and dividends paid to stockholders
Retained Earnings at the beginning and ending of the accounting period was $550 and $1,200, respectively. If revenues were $2,100 and dividends paid to stockholders were $450, expenses for the period must have been
A. | $1,650. |
B. | $1,000. |
C. | $650. |
D. | $1,450. |
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