Question: This question: 1 peint ( s ) possitie The net income of Hendley, fac for the year is $ 2 5 , 0 0 0

This question: 1 peint(s) possitie
The net income of Hendley, fac for the year is $25,000. The dividends declared during the year were $30,000. Which of the following slatements is true?
A. Retained Earnings account decreases by $5,000.
B. Retained Earnings account decreases by $25,000
C. Retained Earrings account increases by $30,000.
D. Retained Earrings will remain the same.
This question: 1 peint ( s ) possitie The net

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