Business, 12.03.2020 04:38 tyrianadonelson
The Retained earnings account has a credit balance of $53,000 before closing entries are made. Total revenues for the period are $71,200, total expenses are $47,800, and dividends are $15,400. What is the correct closing entry for the expense accounts?
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The Retained earnings account has a credit balance of $53,000 before closing entries are made. Total...
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