The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: The amount of Carolina's retained earnings on December 31, Year 1 was:
A)$9,600
B)$5,500
C)$5,100
D)$7,100

Question

The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1:  The amount of Carolina's retained earnings on December 31, Year 1 was:
A)$9,600 
B)$5,500 
C)$5,100 
D)$7,100

Quizplus · Accepted Answer

The Answer of The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1:  The amount of Carolina's retained earnings on December 31, Year 1 was:
A)$9,600 
B)$5,500 
C)$5,100 
D)$7,100

The Following Pre-Closing Accounts and Balances Were Drawn from the Records