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During January 2022, its first month of operation, Bambi Enterprises earned net income of $6,800...

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Accounting

During January 2022, its first month of operation, Bambi Enterprises earned net income of $6,800 and paid dividends to the owners of $2,000. At January 31, the balance in Retained Earnings will be $2,000 debit. $0. O $4,800 credit. O $6,800 credit. At January 1, 2022. Piglet Industries reported Retained Earnings of $350,000. During 2022, Piglet had a net loss of $75,000 and paid dividends to the stockholders of $50,000. At December 31, 2022, the balance in Retained Earnings is $225,000 credit. $300,000 credit. $275,000 debit. O $350,000 debit

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