Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. his information relates to rosie's hire business f

his information relates to rosie's hire business for the year 2022: retained earnings, 1 january...

90.2K

Verified Solution

Question

Accounting

his information relates to Rosie's Hire Business for the year 2022: Retained Earnings, 1 January 2022 $90,000 Advertising 3,000 Dividends Paid during 2022 14,000 Rent 20,200 Hire Revenue 140,000 Electricity 4,800 Wages 56,000 Share Capital 40,000 Calculate the closing balance of Retained earnings at 31 December 2022: Select one: a. $146,000 b. $132,000 c. $116,000 d. $56,000 e. $42,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

Social media and other online settings have changed the processes of impression management. Discuss. Answer in less...

Biology
1.2K views

2 Search online and select an image of the ideal book bag backpack or tote...

Biology
1.2K views

vantage of a complete tube digestive system over a gastrovascular cavity is that the complete...

Physics
1.2K views

34 A beam of light consisting of two wavelengths 6500 and 5200 is used to...

Physics
1.2K views

As shown in the figure a uniform rod of length 1 is sliding along two...

Physics
1.2K views

4 The work done in an adiabatic process is always zero Two thermally insulated vessels...

Basic Math
1.2K views

of 3 ok int ences Required information The following information applies to the questions displayed...

Accounting
1.2K views

Jim is planning to retire in 5 years. He plans that he would need $200,000...

Accounting
1.2K views

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified...

Accounting
1.2K views

Violar cul de las cuatro reglas de la comunicacin de crisis es ms probable que...

Accounting
1.2K views

Specialty Autoparts Inc. issued $160,000 of 7%, 10-year bonds at a price of 86 on...

Accounting
1.2K views

b) Using the information provided below, prepare the Statement of Cash flows for Peahen Ltd...