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Changes in Account Balances of Multi-Plus Inc

Question 23

Multiple Choice

Changes in account balances of Multi-Plus Inc.during 2010 were: Changes in account balances of Multi-Plus Inc.during 2010 were: Assuming that there were no charges to retained earnings other than dividends of $62,000, the net income for 2010 was: A) ($7,000) B) $55,000 C) $117,000 D) $257,000 E) none of the answers are correct Assuming that there were no charges to retained earnings other than dividends of $62,000, the net income for 2010 was:


A) ($7,000)
B) $55,000
C) $117,000
D) $257,000
E) none of the answers are correct

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