subject
Mathematics, 03.09.2021 08:30 levicorey846

A company's ledger accounts and their end-of-period balances before closing entries are posted are shown below. What net amount will be posted to Retained Earnings in the process of closing
the Income Summary account? (Assume all accounts have normal balances.)
Retained Earnings
$7,000
Dividends
9,600
Revenue
29,000
Rent Expense
3,600
Salaries Expense
7,200
Insurance Expense
920
Deprec. Expense - equipment
500
Accum. Deprec-equipment
1,500
A) $18,280 credit
B) $16,780 credit
C) $16,700 debit
D) $7,180 credit
E) $22,780 Credit

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
Its due ! write an equation in which the quadratic expression 2x^2-2x 12 equals 0. show the expression in factored form and explain what your solutions mean for the equation. show your work.
Answers: 1
question
Mathematics, 21.06.2019 17:00
Orly uses 2 cups of raisins for every 12 cups of trail mix she makes. how many cups of trail mix will she make if she uses 8 cups of raisins?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Someone answer asap for ! the boiling point of water at an elevation of 0 feet is 212 degrees fahrenheit (°f). for every 1,000 feet of increase in elevation, the boiling point of water decreases by about 2°f. which of the following represents this relationship if b is the boiling point of water at an elevation of e thousand feet? a. e = 2b - 212 b. b = 2e - 212 c. e = -2b + 212 d. b = -2e + 212
Answers: 1
question
Mathematics, 21.06.2019 20:30
Find the area of the triangle formed by the origin and the points of intersection of parabolas y=−3x^2+20 and y=x^2−16.
Answers: 3
You know the right answer?
A company's ledger accounts and their end-of-period balances before closing entries are posted are...
Questions
question
Biology, 03.07.2019 01:00
Questions on the website: 13722359