Overuse of promotional pricing can erode a brand's value in the eyes of customers

After closing entries are posted, the balance in the Retained Earnings account in the ledger will be equal to

A. zero. B. the beginning Retained Earnings reported on the owner's equity statement. C. the net income for the period. D. the amount of the Retained Earnings reported on the balance sheet.

Which statement accurately describes a tenancy in common?

A. Interests must be equal. B. There is an equal right of possession. C. Interests must be acquired at the same time. D. Interests must be acquired from the same documents.