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Prior to closing the accounts, Syracuse Company's accounting records showed the following balances: Retained earnings Service revenue Interest revenue Salaries expense Operating expense Interest expense
Prior to closing the accounts, Syracuse Company's accounting records showed the following balances: Retained earnings Service revenue Interest revenue Salaries expense Operating expense Interest expense Dividends $ 8,450 9, 150 1,550 6,000 2,100 1,250 1,850 After closing the accounts, Syracuse's retained earnings balance would be Multiple Choice $8,450. $7,950. $9,800 $11,650
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