The December 31,2013,adjusted trial balance of a company,where all accounts have normal balances is:
Given this information,after all closing entries are made,the balance in the retained earnings account is:
A) $2,000.
B) $4,000.
C) $0.
D) $1,500.
Correct Answer:
Verified
Q108: A company had calculated net income to
Q109: A company pays its workforce on Fridays
Q110: Which of the following will happen if
Q111: What is the total of the credit
Q112: A company reported the following amounts of
Q114: The asset account Office Supplies has a
Q115: What is the amount of insurance expense
Q116: On December 31,2013,the balance in retained earnings
Q117: On June,30,2013,a company purchased a two-year insurance
Q118: What is the amount of net income
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents