Prior to Closing the Accounts, Syracuse Company's Accounting Records Showed

question 100

Multiple Choice

Prior to closing the accounts, Syracuse Company's accounting records showed the following balances: $\begin{array}{lr}\text { Retained earnings } & \$ 7,400 \\\text { Service revenue } & 8,450 \\\text { Interest revenue } & 1,200 \\\text { Salaries expense } & 5,300 \\\text { Operating expense } & 1,750 \\\text { Interest expense } & 900 \\\text { Dividends } & 1,500\end{array}$
After closing the accounts, Syracuse's retained earnings balance would be

• A) $7,400.
• B) $7,600.
• C) $9,100.
• D) $10,600.

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