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Can someone explain QUESTION 10 At the end of 201 9, the Minnie Co. made its closing journal entry. One part of the entry was

Can someone explain

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QUESTION 10 At the end of 201 9, the Minnie Co. made its closing journal entry. One part of the entry was a credit to Retained Earnings of $7,200. Which of the following are true? A a. Minnie reported a profit of $7,200 in 2019. A b. Minnie reported a loss of $7,200 in 2019. A c. After this journal entry, the balances in Minnie's revenue and expense accounts were zero. A d.A and C A e. B and C Af. None of the above

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