QUESTION 6 3 points Save Answer All of the following are internal users of the financial statements except? Investors and creditors. Production supervisors. O Company officers. Finance directors. QUESTION 7 3 points Save Answer On March 1, 2021, Entity J reported a normal balance in accounts payable of $9,000. During June, the company made cash payments of $4,000 to its creditors and purchased merchandise on account for $1,000. What is the accounts payable balance at the end of June? Hint: Prepare a T account $6,000 debit balance. O $12,000 debit balance O $6,000 credit balance O $12,000 credit balance. QUESTION 8 3 points Save Answer At the beginning of the year, Entity k had a retained earnings balance of $450,000. During the year, the following occurred: Revenues $125,000 Expenses $145,000 Cash dividends to shareholders $14,000 Purchase of equipment (copier) $5,000 What is ending retained earnings? $451,000 O $411,000 $456,000 O $416,000