The closing entries show a debit to retained earnings of $350 and a credit to retained earnings of $750 there was also a credit to dividends payable of $100 this company had a

Police completion This test can be saved and resumed at any point u Your answers are saved automatically, t will continue to run if you leave the test Remaining Time: 36 minutes, 51 seconds. Question Completion Status Moving to another question will save this response. Question 15 Onet loss of $500 The closing entries show a debit to retained earnings of $350, and a credit to retained earnings of $750. There was also a credit to dividends payable of $100. This company had a net income of $500. Onet loss of $400. O net income of $400 Moving to another question will save this response