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A business had the following account balances on December 31, 2020 after all the year-end adjusting entries were posted. All accounts have normal balances Accounts

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A business had the following account balances on December 31, 2020 after all the year-end adjusting entries were posted. All accounts have normal balances Accounts Balances 2.700 Prepaid expenses Accumulated deprecation Equipment 46,300 Cash 3.800 Dividends 31,600 Equipment 77600 a Deferred revenue 2.500 25,300 35.900 Notes payable Maintenance expense Accounts receivable Deprecation expense Salaries expense 9.500 12.500 93.900 Service revenue 101,100 Retained earnings 107.300 Part A: Select the correct response When the dosing entry is prepared for the Income Summary Account the Retained Earnings account will be Part B: select the correct response After the dosing entries are prepared, the post dosing balance of Retained Earnings will be

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