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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. Required: 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 ? Prepare an adjusted trial balance at June 30, 2019. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
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