= Retained earnings account has a credit balance of $17,850 before closing entries are menses are $41,700, and dividends are $9,450, what is the ending balance in the Retained earnings account after all closing entries are made Multiple Choice $33,850.
= Retained earnings account has a credit balance of $17,850 before closing entries are menses are $41,700, and dividends are $9,450, what is the ending balance in the Retained earnings account after all closing entries are made Multiple Choice $33,850.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter5: Closing Entries And The Post-closing Trial Balance
Section: Chapter Questions
Problem 3QY: If Income from Services had a 20,400 credit balance before closing entries, which of the following...
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