Question
The following Information Is available form the adjusted trail balance of the Harris Vacation Rental Agency at the end of October. After closing entries are
The following Information Is available form the adjusted trail balance of the Harris Vacation Rental Agency at the end of October. After closing entries are posted, what will be the balance in the retained earnings Account on October 30?
Total Revenuse = $160,000
Total Expense = 76,800
Retained Earnings (October 1) = 102,400
Dividends - 19,200.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
