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

question 11

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The following pre-closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: 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 amount of Carolina's retained earnings on December 31, Year 1 was:

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