Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: tivo on Feb 20, 2017



Title: The closing entries show a debit to Retained Earnings of $350, and a credit to Retained Earnings of ...
Post by: tivo on Feb 20, 2017
The closing entries show a debit to Retained Earnings of $350, and a credit to Retained Earnings of $750. There was also a credit to Dividends Payable of $100. This company had a:
A) net loss of $400.
B) net income of $400.
C) net loss of $500.
D) net income of $500.


Title: Re: The closing entries show a debit to Retained Earnings of $350, and a credit to Retained Earnings ...
Post by: largerthanlife on Feb 20, 2017
Content hidden


Title: Re: The closing entries show a debit to Retained Earnings of $350, and a credit to Retained Earnings of ...
Post by: tivo on Apr 10, 2017
Thank you for helping me with my accounting homework, will ask again