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1, 2, and 3 please! Thank you so much ! QUESTION T Credit...

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Accounting

1, 2, and 3 please! Thank you so much !

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QUESTION T Credit column should be: The subtotals of the Income Statement columns of the work sheet are Debit column $6,200 and Credit column $4,900. If the subtotal of the Balance Sheet Debit column is $19,000, then the subtotal of the Balance Sheet $20.300 $1,300 $17,700 $14,400 QUESTION 2 During the process of closing its books at the end of the year, The Dimmsdale Dimmadome's accountant closed revenue accounts totaling $500,000 and expense accounts totaling $450,000. The company's owner, Doug Dimmadome, decided to pay $30,000 in dividends for the year. Which of the following statements is true? Retained Earnings increased by $80,000 during the year. Retained Earnings increased by $50,000 during the year. Retained Earnings increased by $20,000 during the year. Net Income for the company was $20,000 for the year. QUESTION 3 Prior to closing, Cougar Company's accounting records showed the following balances: Retained earnings $3,000 Service revenue $4,000 Interest revenue $100 Salaries expense $2,000 Operating expense $1,000 Interest expense $100 Dividends $1,000 After closing, Cougar Company's retained earnings balance would be $3,000 $2,000 $7,000 O $5,000

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