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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
The total revenues of $6,500, total expenses of $3,500 and dividends of $500 were recorded in the closing entries. The net change in Retained Earnings for the month was:
A) $6,000.
B) $3,000.
C) $2,500.
D) $3,500.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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#2
7 years ago
Thank you so much

I wish I knew about this years ago
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