Question: Indicate the effect each account has on Retained Earnings. ___ (a) Advertising expense. _ (b) Service revenue. _ (c) Insurance expense. ___ (d) Salaries and

Indicate the effect each account has on Retained Earnings.
_____ (a) Advertising expense.
_____ (b) Service revenue.
_____ (c) Insurance expense.
_____ (d) Salaries and wages expense.
_____ (e) Dividends.
_____ (f) Rent revenue.
_____ (g) Utilities expense.

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