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v Q Question 26 3.15 pts When looking at a corporation's Statement of Retained Earnings, if the beginning balance is $150,000, net income is $34000,

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Q Question 26 3.15 pts When looking at a corporation's Statement of Retained Earnings, if the beginning balance is $150,000, net income is $34000, and the ending balance is $202,000, what is the likely additional item in the Statement Common Stock of 532.000 Net Loss of 532.000 Interest Expense of $32.000 Dividends of $32.000 VO XYZ Corporation made an accrual adjusting entry on December 31, 2021 by debiting Salaries Expense and crediting Stories Payable for $30,000. The full amount to be paid in January, 2022 on the next payday is 345,000. What will be the journal entry to record the cayment of salaries in January 2022 Debit Salaries Payable $30,000 and Salaries Expense $15.000 Credit Cash 545.000, Debit Sataries Expense $45.000 Credit Satarkes Payable $45.000 Debit Salaries Expense $15.000Credit Cash $15.000 Debit Salaries Expense $45,000: Credit Cash $45.000 3.85 pts Question 28 jo Victor Corporation has $2.400 of office supplies on hand at January 1, 2021. During 2021, office suppliers were purchased at a cost of $5.000. At December 31, 2021, the actual office supplies on hand amounted to $1,800. After the proper adjusting entry is recorded and posted on December 31 2021. determine the balance in the Office Supplies account and the Office Supplies Expense account o Office Supplies $1,800, Office Supplies Expense $5.000 Office Supplies $1,800, Office Supplies Expense $7,400. Orce Supplies $5.600: Office Supplies Expense $7.400. Once Supplies $2.400: Othce supplies Expense $5.000 3.85 pts Question 29 The closing entry process fexcluding the Dividends account) includes the closing of: all revenue and expense accounts all asset and liability accounts the Retained Earnings account all revenue asset and ability accounts Lenovo Question 30 Which account below is not closed at the end of the year? Dividends Sales revenue Accounts receivable. Income tax expense. Lenovo

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