9. I monts In the midit of closing procedures 18M Corporation's accountant became ill and...
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Accounting
9. I monts In the midit of closing procedures 18M Corporation's accountant became ill and was hospitalized. You have volunteered to comiplete the ciosing of the books, and you find that. all revenve and expense accounts have zero batances and that the income Summary account has a single debit entry for 5320.000 and a single credit entry for $352. 000. The Dividends account has a debit balance of $17.500. and the Retained Earnings account has a beginning. credit balance of $120,000.6 betore clotice What would be the endiag bolance in Retainet Earnines after closing? $454,500$152,000$249,500$422,500$134,500
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