Before closing entries are prepared to close revenues, expenses, and dividends declared, the retained earnings balance in the adjusted trial balance is equal to:

Before closing entries are prepared to close revenues, expenses, and dividends declared, the retained earnings balance in the adjusted trial balance is equal to: Multiple Choice the balance of retained earnings at the end of the year. the balance of retained earnings at the beginning of the next year. the balance of retained earnings at the beginning of the year. the balance of retained earnings after adding revenues and subtracting expenses but before subtracting dividends