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Required information [The following information applies to the questions displayed below.] Regis Corporation operates hair salons under various brand names including Supercuts, Magicuts, and Style
Required information [The following information applies to the questions displayed below.] Regis Corporation operates hair salons under various brand names including Supercuts, Magicuts, and Style America. The following is a simplified list of accounts and amounts (in millions) reported in the company's accounts for the year ended June 30, 2019. 1-a. Prepare an adjusted trial balance at June 30, 2019. 1-b. Is the Retained Earnings balance of $280 the amount that would be reported on the balance sheet as of June 30 , 2019? Complete this question by entering your answers in the tabs below. Prepare an adjusted trial balance at June 30, 2019. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Complete this question by entering your answers in the tabs below. Is the Retained Earnings balance of $280 the amount that would be reported on the balance sheet as of June 30 , 2019
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