1. Prepare Ramirez Electrical, Inc.?s closing entries using the following selected accounts at November 30, 2018:

2. What is Ramirez Electrical, Inc.?s ending Retained Earnings balance at November 30, 2018?

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Common Stock.. . Service Revenue Unearned Revenues. Salaries Expense. Accumulated Depreciation . Supplies Expense. Interest Revenue Interest Expense Accounts Receivable Retained Earnings. Salaries Payable. Depreciation Expense.. Rent Expense.. . $20,000 98,000 2,600 $11,800 10,600 800 16,200 33,500 825 5,400 6,700 15,000 1,600 ...... Dividends.. 1,100 2,900 Supplies.