The beginning balance of Retained Earnings for Briggs Company is $330,000. Net income for the month of July is $22,500, and the company paid dividends of $10,000 in July. What is the ending Retained Earnings balance at the end of July? Oa. A debit balance of $342,500 Ob. A credit balance of $297,500 OC. A credit balance of $362,500 O d. A credit balance of $342,500

Eatnings batance at the ens of Jur? a. A debit balance of 1342,500 b. A cedt balance of $297,500 C A credit balance of $360,500 d. A credit balance of $342,500