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After all adjustments have been made, but before the accounts have been closed, the following balances were taken from the ledger of Ramona's Designs: Closing

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After all adjustments have been made, but before the accounts have been closed, the following balances were taken from the ledger of Ramona's Designs: Closing the revenue and expense accounts requires you to debit the revenue account by its ending balance and credit the expense accounts by the ending balances. Question: How much do you credit the retained earnings as a result of the above closing entries? (Hint, how much we credit the Retained Earnings equals exactly the amount of income we made this period). fill in your answers in the following format: $200,000 should be input as 200,000 (without the dollar sign but with the comma) On the first diy of the fiscal year, a company issues a $8,400,000,10%,6-year bond that phrs semiannual interest of 5420,000 (s8,400,000 10%% Dournalie the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amoumt box does noe require an entry, leave it blanke

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