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PLEASE DO IT BY TPYE NOT PICS QUESTION 1 From the following select ALL accounts that go into calculating Retained Earnings. 1. Accounts Receivable 2.
PLEASE DO IT BY TPYE NOT PICS
QUESTION 1
From the following select ALL accounts that go into calculating Retained Earnings.
| 1. | Accounts Receivable | |
| 2. | Rent Expense | |
| 3. | Sales Revenue | |
| 4. | Dividends | |
| 5. | Accounts Payable | |
| 6. | Beginning Retained Earnings | |
| 7. | Common Stock | |
| 8. | Rent Payable |
QUESTION 2
Which of the following is a nominal (temporary) account?
| A. | Unearned Service Revenue | |
| B. | Inventory | |
| C. | Salaries and Wages Expense | |
| D. | Retained Earnings |
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