Help with financial accounting?

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beginning balance of retained earnings $7500. dividends paid stockholders $1500. ending balance of retained earnings $5000. net income of net loss accounting period?
a. net loss of $1000
b. net income of $1000
c. net loss of $2000
d. net income of $2500
,
organization has responsibility of developing accepted accounting principles (gaap)?
a. american institute of certified public accountants
b. financial accounting standards board
c. securities , exchange commission
d. internal revenue service
,
primary purpose of audit of financial reports of company
a. uncover fraud
b. determine guilty of malpractice
c. determine whether financial reports conform gaap
d. examine every document , transaction verify accurately reported

the beginning balance of retained earnings $7500. dividends paid stockholders $1500. ending balance of retained earnings $5000. net income of net loss accounting period? a. net loss of $1000 b. net income of $1000 c. net loss of $2000 d. net income of...


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