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At January 1, 2017, Troyer Industries reported Retained Earnings of $350,000. During 2 2017, Troyer had a net loss of $75,000 and paid dividends to

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At January 1, 2017, Troyer Industries reported Retained Earnings of $350,000. During 2 2017, Troyer had a net loss of $75,000 and paid dividends to the stockholders of $50,000. At December 31, 2017, the balance in Retained Earnings is: A) $ 275,000 debit B) $ 225,000 credit C) $ 350,000 debit D) $ 300,000 credit During February 2017, its first month of operations, the owner of Schwenn Enterprises invested cash of $100,000. Schwenn had cash sales of $20,000 and paid expenses of $35,000. Assuming no other transactions impacted the cash account, what is the balance in Cash at February 28

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