Blade, Inc. has the following account balances at Dec 31 of the current year. What is the correct missing balance for Retained Earnings?
A)$16,900 credit.
B)$16,900 debit.
C)$5,500 debit.
D)$3,000 credit.
E)$3,000 debit.

Question

Blade, Inc. has the following account balances at Dec 31 of the current year. What is the correct missing balance for Retained Earnings? 
A)$16,900 credit. 
B)$16,900 debit. 
C)$5,500 debit. 
D)$3,000 credit. 
E)$3,000 debit.

Quizplus · Accepted Answer

The Answer of Blade, Inc. has the following account balances at Dec 31 of the current year. What is the correct missing balance for Retained Earnings? 
A)$16,900 credit. 
B)$16,900 debit. 
C)$5,500 debit. 
D)$3,000 credit. 
E)$3,000 debit.