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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 2: Accounting for Accruals and Deferrals
  5. Question
    The Following Accounts and Balances Were Drawn from the Records
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The Following Accounts and Balances Were Drawn from the Records

Question 45

Question 45

Multiple Choice

The following accounts and balances were drawn from the records of Barnes Company:
The following accounts and balances were drawn from the records of Barnes Company:   Based on this information alone the amount of Barnes's retained earnings is: A) $11,600. B) $17,200. C) $5,200. D) None of these answers is correct.
Based on this information alone the amount of Barnes's retained earnings is:


A) $11,600.
B) $17,200.
C) $5,200.
D) None of these answers is correct.

Correct Answer:

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