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Solve foe retained earnings alybusnce Menu sinessCourse Debit Credit Date Description...

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Accounting

Solve foe retained earnings image
alybusnce Menu sinessCourse Debit Credit Date Description 26-May Net sales 16,563.1 Retained earnings 16,563.1 To close the revenue account. 26-May Retained earnings Y 14,865.7 Cost of sales 10,733.6 3,073.1v SG&A expense and other Interest expense, net Income tax expense 303.8 755.2 To close the expense accounts. Net Sales 16,563.1 : 16,563.1 Bal. 0 Bal. Retained Earnings 14,865.7 11,990.8 Bal. (2,874.9) (2,874.9)| Bal

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