The accountant for huckleberry company is preparing the company's statement of cash flows for the fiscal year just ended. the following information is available:
retained earnings balance at the beginning of the year $151,000
cash dividends declared for the year $46,000
net income for the year $92,000
what is the ending balance for retained earnings?

$197,000

Explanation:

We know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $151,000 + $92,000 - $46,000

= $197,000

We simply added the net income and subtract the dividend sum to the starting balance of the retained earnings account so that the precise value will arrive.

answer(eu) is the correct answer;

answer(b) revenue account which increases;