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Business, 21.12.2019 06:31 CelesteN64
Wald corporation's adjusted trial balance shows the following temporary accounts: service revenue: $20,000; salaries expense $8,000; insurance expense: $2,000; utilities expense: $3,000; interest expense $200; and depreciation expense: $1,400. as part of the the closing process, wald should credit retained earnings for:
a. $5,400
b. $20,000
c. $14,600
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