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    Financial and Managerial Accounting Study Set 8
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    Exam 5: The Accounting Cycle: Reporting Financial Results
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    After Closing the Accounts,Retained Earnings at December 31 Equals
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After Closing the Accounts,Retained Earnings at December 31 Equals

Question 113

Question 113

Multiple Choice

After closing the accounts,Retained Earnings at December 31 equals:


A) Zero.
B) $18,400.
C) $19,360.
D) $16,640.

Correct Answer:

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