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What is the ending balance in the retained earnings account

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Question - The retained earnings account has a debit balance of $2,400 before closing entries are made. If total revenues for the year are $57,200, total expenses are $36,800, and dividends are $8,000, what is the ending balance in the retained earnings account after all closing entries have been made?

A. $23,200

B. $10,000

C. $14,200

D. $17,600

E. $ 9,800

Reference no: EM131808106

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