Use the Following Data, Taken from the Adjusted Trial Balance
Question 24
Question 24
Multiple Choice
Use the following data, taken from the adjusted trial balance, for Cash Accounts Receivable Supplies Accounts Payable Unearned Revenue Share Capital-ordinary Retained Earning Dividends Service Revenue Salaries Expense Miscellaneous Expense Supplies Expense Salaries Payable Total Debit €3,7123,9044803001,3442562,228€12.224 Credit €1,7921605,0007604,064448€12.224 -What amount will be reflected for Retained Earning in the Statement of Financial Position columns of the worksheet?
A) 996 B) 760 C) 696 D) 1,060
Correct Answer:
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