Question
The debit side of the Retained Earnings T-Account will include which of the following after recording the closing entries? Select all that apply. A. Expenses
Thedebitside of the Retained Earnings T-Account will include which of the following after recording the closing entries? Select all that apply.
A. Expenses for the month
B. Dividends for the month
C. Revenues for the month
D. Accounts Payable for the month
E. Retained Earnings balance at the end of the month
Thecreditside of the Retained Earnings T-Account will include which of the following after recording the closing entries? Select all that apply.
A. Expenses for the month
B. Dividends for the month
C. Revenues for the month
D. Accounts Receivable for the month
E. Retained Earnings balance at the end of the month
F. Retained Earnings balance at the beginning of the month
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