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Use This End-Of-Period Spreadsheet to Answer the Questions That Follow

question 62

Multiple Choice

Use this end-of-period spreadsheet to answer the questions that follow.​ Use this end-of-period spreadsheet to answer the questions that follow.​   -The effect of closing revenues and expenses to Retained Earnings will be to: A) increase Retained Earnings by $50,000 B) decrease Retained Earnings by $50,000 C) increase Retained Earnings by $237,000 D) decrease Retained Earnings by $237,000
-The effect of closing revenues and expenses to Retained Earnings will be to:


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