Answer:
Credit of $80,000
Explanation:
Big-Mouth Frog Corporation Calculation for Retained earnings
Using this formula
Retained earnings =Revenue- Expenses
Where,
Revenue =$200,000
Expenses =$180,000
Let plug in the formula
Retained earnings =$200,000-$180,000
Retained earnings =$80,000
Therefore when the Income Summary is closed to Retained Earnings, the amount of the credit to Retained Earnings will be $80,000
It should be noted that in the domain of problem solving, Serial memory processing involves handling one element of the problem at a time.
<h3>What is Serial memory processing?</h3>
Serial memory processing can be regarded as tge process of attending to and processing one item at a time.
This is different from parallel memory processing, because it focus on an item per time.
Learn more about Serial memory processing at:
brainly.com/question/17493537
Answer:
The board of directors because the board of directors are ahead of the chief executive, but below the CEO. But have power to control who their CEO is.
