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The Unadjusted Trial Balance columns of a company's work sheet shows the Store Supplies account with a balance of $400. The Adjustments columns shows a

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The Unadjusted Trial Balance columns of a company's work sheet shows the Store Supplies account with a balance of $400. The Adjustments columns shows a credit of $225 for supplies used during the period. The amount shown as Store Supplies in the Balance Sheet columns of the work sheet is: Multiple Choice . $400 debit. $225 debit. $400 credit. S175 credit. The following information is available for the Noir Detective Agency. After closing entries are posted, what will be the balance in the Retained earnings account? Net Loss Retained earnings Dividends $ 33,600 297,000 38,400 Multiple Choice O $301,800. 0 $258,600 0. $225,000 0 $297,000. $292.200 The Retained earnings account has a credit balance of $29,750 before closing entries are made. If total revenues for thi period are $92,700, total expenses are $68,300, and dividends are $15,750, what is the ending balance in the Retained earnings account after all closing entries are made? Multiple Choice O $$4,150. $14,000. $24,400. $29,750. 538,400. After preparing and posting the closing entries for revenues and expenses, the income summary account has a debit balance of $36,000. The entry to close the income summary account will be: Multiple Choice O Debit Income Summary $36,000; credit Retained earnings $36,000. O O Credit Retained earnings $36,000; debit Dividends $36,000. O O Debit Dividends $36,000; credit Income Summary $36,000. O Debit Retained earnings $36,000; credit Income Summary $36,000. O Debit Income Summary $36,000; credit Dividends $36,000

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