Multiple Choice
Closing entries included debits to revenues for a total of $8,000,credits to expenses for a total of $4,000,and a credit to dividends for $650.The net change in Retained Earnings for the month was:
A) cannot be calculated with the information provided.
B) $3,350.
C) $4,000.
D) $4,650.
Correct Answer:
Verified
Correct Answer:
Verified
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