Multiple Choice
Use this information to answer the following question. The Retained Earnings,Dividends,and Income Summary accounts for Dukes Corporation for the accounting period are presented below in T account form after the recording and posting of closing entries:
The ending balance of Retained Earnings is
A) $200.
B) $400.
C) $1,400.
D) $1,600.
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Which of the following accounts could not
Q92: Match each definition with the correct term
Q94: Use this information to answer the following
Q95: The going concern assumption is not applied
Q97: Unearned Revenue was $2,400 at the end
Q98: An important purpose of closing entries is
Q99: A company's fiscal year need not correspond
Q99: Use this information to answer the following
Q100: Use this information pertaining to the Essex
Q123: Net income provides a good measure of