Warren Enterprises began operations during Year 1. The company had the following events during Year 1: The business issued $37,000 of common stock to its stockholders. The business purchased land for $29,000 cash. Services were provided to customers for $33,000 cash. Services were provided to customers for $22,000 on account. The company borrowed $33,000 from the bank. Operating expenses of $29,000 were incurred and paid in cash. Salary expense of $2,500 was accrued. A dividend of $21,000 was paid to the stockholders of Warren Enterprises. After closing, what is the balance of the Retained Earnings account as of December 31, Year 1

The balance of the retained earnings after closing is $2500

Explanation:

Retained earnings=sales-operating expenses-accrued salaries-dividend paid to stockholders

sales consists of credit and cash sales i.e$33,000+$22,000=$55,000

operating expenses is $29,000

accrued salaries is $2,500

dividend of $21,000 were declared and paid to stockholders

retained earnings=$55,000-$29,000-$2,500-$21,000=$2500

The accrued salaries must be deducted from sales since it has been incurred even though not yet paid for.

im almost done gimme more time to get the answer

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'