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Posted on Jun 24, 2024

If Service Revenue is closed for $ 1 0 , 8 0 0 and the total of all expenses is closed for $ 6 ,

If Service Revenue is closed for $

10, 800

and the total of all expenses is closed for $

6, 400,

how much is the increase or decrease in Retained Earnings after closing entries have been posted?

.

decrease by $

4, 400

.

increase by $

4, 400

.

increase by $

17, 200

.

decrease by $

17, 200

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