The Following Information Is from the Income Statement of Ike's

Multiple Choice

The following information is from the Income Statement of Ike's Lawn Service for the quarter ending September 2022: The balance in Retained Earnings at July 1 was $3,200.Ike's distributed dividends of $2,200 during the period.After closing entries have been posted, Retained Earnings will have a balance of

A) $1,000 debit.
B) $3,000 credit.
C) $5,200 credit.
D) $2,800 credit.