Debit Gash Debit Deferred Revenue Question 30 4.75 pts The balance of retained earnings is $13,000 on 1/1 at the beginning of the accounting period. Knights Inc. reports total revenues of $18,000; total expenses of $6,000; and pays dividends of $4,000 during this accounting period. What amount would the Balance Sheet show for Retained Earnings at the end of the accounting period on 12/31? Question 31 4.75 pts On 7/1, The Lemonade Stand bought $1,500 of lemons on account from Whole Fruits. On 8/15, The Lemonade Stand paid the amount owed to Whole Fruits for the lemons ($1.500). What account is debited and what account is credited in the journal entry required on 8/152 (Select ALL that apply)