Tiptoe Shoes, had annual revenues of $193,000, expenses of $107,700, and paid dividends of $21,200 during the current year. The retained earnings account before closing had a balance of $305,000. The ending retained earnings balance after closing is:

The ending retained earnings balance after closing is : $369,100

Explanation:

The Retained Earnings include an adjustment of profit for the year and dividend paid to the opening balance.

The Calculation of closing balance is as follows :

Opening Balance                                                  $305,000

Add Profit for the year ( $193,000 - $107,700)      $85,300

Less Dividends paid                                               ($21,200)

Closing Balance                                                     $369,100

Conclusion :

The ending retained earnings balance after closing is : $369,100

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!

answer: 11/12

step-by-step explanation: 4 1/4 and 3 1/3 is equivalent to 4 3/12 and 3 4/12. 4 3/12 - 3 4/12 =11/12