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Prior to closing, Syracuse Company's accounting records showed the following balances: Retained earnings $8,600 Service revenue 9,250 Interest revenue 1,600 Salaries expense 6,100 Operating expense
Prior to closing, Syracuse Company's accounting records showed the following balances: Retained earnings $8,600 Service revenue 9,250 Interest revenue 1,600 Salaries expense 6,100 Operating expense 2,150 Interest expense 1,300 Dividends 1,900 After closing, Syracuse's retained earnings balance would be Multiple Choice $8,600. $8,000. $9,900.
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