The amount of retained earnings appearing on Nelson Company’s December 31, 2016 balance sheet is:
A.$1,200.
B. $1,000.
C. $1,400.
D. $13,200.
Answer:A
The amount of retained earnings appearing on Nelson Company’s December 31, 2016 balance sheet is:
A.$1,200. B. $1,000. C. $1,400. D. $13,200.