Using the following accounts:
Indicate the account(s)to be debited and credited to record the following transactions.
-Prepare a statement of retained earnings in proper form for Gray Corporation for the year ended December 31, 20XX, from the following:

Question

Using the following accounts:
  Indicate the account(s)to be debited and credited to record the following transactions.
-Prepare a statement of retained earnings in proper form for Gray Corporation for the year ended December 31, 20XX, from the following:

Quizplus · Accepted Answer

The Answer of Using the following accounts:
  Indicate the account(s)to be debited and credited to record the following transactions.
-Prepare a statement of retained earnings in proper form for Gray Corporation for the year ended December 31, 20XX, from the following:

Using the Following Accounts