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Question 33 1 pts A company has the following account balances. They are now doing their closing entries. This company uses an income summary
Question 33 1 pts A company has the following account balances. They are now doing their closing entries. This company uses an income summary account to close the accounts, then income summary gets closed into retained earnings. After the closing process is complete, what is the final balance of the dividends account? (you should assume that the balances given are the "normal" balances for the account - as far as whether the amount listed is a debit or credit). Supplies Expense 2,210 Service Revenue 67,069 Accounts Payable 6,715 Salaries Expense 11,680 Dividends 1,231 Equipment 73,526 Accumulated 20,036 Depreciation Depreciation Expense 4,394 Retained Earnings 111,516
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