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28 00:31:30 Frosty Incorporated has the following balances on December 31 prior to closing entries: Revenues. Deferred Revenue Cash Expenses Accounts Payable Dividends Pre-paid
28 00:31:30 Frosty Incorporated has the following balances on December 31 prior to closing entries: Revenues. Deferred Revenue Cash Expenses Accounts Payable Dividends Pre-paid Rent $ 39,500 9,500 8,200 23,500 2,700 1,800 18,200 Based upon the balances above, how will Retained Earnings change as a result of the closing entries?
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, George Foster
12th edition
131495380, 978-0131495388
