Windsor Corporation has retained earnings of $702,400 at January 1, 2020. Net income during 2020 was $1,526,800, and cash dividends declared and paid during 2020 totaled $81,000. Prepare a retained earnings statement for the year ended December 31, 2020. Assume an error was discovered: land costing $88,430 (net of tax) was charged to maintenance and repairs expense in 2019. Prepare a retained earnings statement for the years ended december 31, 2020

hi.

i'm not sure about the answer, but, i would say c. *when the recipient was not included on the original email.*

hope this , well if it's right. uwu

merry christmas! ^-^

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know