Examlex
Closing entries included debits to revenues for a total of $8,000,credits to expenses for a total of $4,000,and a credit to dividends for $650.The net change in Retained Earnings for the month was:
Right And Wrong
Principles that govern the morality, ethics, and legality of actions or decisions.
Personal Morals
Refers to an individual's set of values and principles that guide their behavior, distinguishing between right and wrong.
Belief System
A set of principles or tenets that together form the basis for a religion, philosophy, or moral outlook.
Professional Ethics
A set of moral principles, standards of behavior, or code of conduct that governs the behaviors of individuals within a specific profession.
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