If the sum of the Ending Balance(s) in the revenue account(s) is greater than the sum of the Ending Balances in the expense accounts, then Retained Earnings will increase as a result of the closing entries. a) trueb) false

True

Explanation:

The closing entries are as follows            

1. . Sales Revenue A/c Dr

          To Income Summary A/c

(Being revenue account closed)

2.  Income Summary A/c

             To Expenses A/c

(Being the expenses account are closed)

3. Income summary A/c Dr

           To Retained earning A/c

(Being the difference is credited to retained earning i.e we called profit )

a a car

~courtney

brainliest?

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.