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The Retained Earnings account has a credit balance of $21.000 before closing entries are made. If total revenues for the period are $59,200, total expenses
The Retained Earnings account has a credit balance of $21.000 before closing entries are made. If total revenues for the period are $59,200, total expenses are $41,800 and dividends are $11,000, what is the ending balance in the Retained Earnings account after ail closing entries are made? $10.000 $27.400 $17,400 $21,000 $38.400
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