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Business, 24.09.2020 23:01 meganldale15
Simon Inc. has the following account balances before the closing,
Retained earnings: 2,520 (Credit) D
ividends: 960 (Debit)
Service revenues: 21,920 (Credit)
Wages expense: 3,200 (Debit)
Supplies expense: 1,120 (Debit)
Depreciation expense: 960 (Debit)
Refer to the above data. After closing the temporary accounts, Retained Earnings at December 31 equals:
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Simon Inc. has the following account balances before the closing,
Retained earnings: 2,520 (Credit)...
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