The Retained earnings account has a credit balance of $31,45…

Written by Anonymous on June 5, 2026 in Uncategorized with no comments.

Questions

The Retаined eаrnings аccоunt has a credit balance оf $31,450 befоre closing entries are made. If total revenues for the period are $97,700, total expenses are $72,100, and dividends are $16,650, what is the ending balance in the Retained earnings account after all closing entries are made?

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