What is the business term used to identify the net dollar amount of JP Racing's resources generated by management during September and declared by the board of directors to be distributed to owners?
	A. Net income	B. Retained earnings
	C. Fees revenue	D. Dividends
2.	On which financial statement is the net dollar amount of JP Racing's resources generated by management during September and declared by the board of directors to be distributed to owners reported?
	A. Income statement	B. Statement of retained earnings
	C. General ledger	D. Trial balance
3.	What is business term used to identify the dollar amount of JP Racing's resources at the end of September?
	A. Assets	B. Net income
	C. Liabilities	D. Stockholders' equity
4.	On which financial statement is the dollar amount of resources reported?
	A. Income statement	B. Trial balance
	C. Balance sheet	D. Statement of retained earnings
5.	What is the business term used to identify the dollar amount of JP Racing's resources generated through management's operation of the company and kept in the company at the end of September?
	A. Retained earnings	B. Assets
	C. Net income	D. Stockholders' equity
6.	On which financial statement are the detailed items resulting in the dollar amount of resources generated through management's operation of the company and kept in the company at the end of September reported?
	A. General ledger	B. Income statement
	C. Statement of retained earnings	D. Balance sheet
7.	What is name of the account in which the dollar amount of services provided by JP Racing in September was recorded?
	A. Accounts receivable	B. Cash
	C. Retained earnings	D. Fees revenue
8.	On which financial statement is the dollar amount of services provided to customers reported?
	A. Income statement	B. Balance sheet
	C. Trial balance	D. Statement of retained earnings
9.	What is the business term used to identify the net dollar amount of JP Racing's resources generated through management's operation of the company during September?
	A. Retained earnings	B. Assets
	C. Net income	D. Fees revenue
10.	On which financial statement are the many individual, detailed items resulting in the net dollar amount of resources generated through management's operation of the company during September reported?
	A. Balance sheet	B. Income statement
	C. Statement of retained earnings	D. General journal