Old MathJax webview

Old MathJax webview

ailable from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entries are posted, what will be the balance in th $155 , 74,400 99,200 18,600 The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entries are posted, w Total revenues Total expenses Retained earnings Dividends $155,000 74,400 99,200 18,600 Multiple Choice 4 $99,200 $74.400 $179.800 O $80 600 $ $161,200 O Saved A company had revenues of $64,500 and expenses of $48,500 for the accounting period. Dividends of $7,100 were paid in cash during the same period. Which of the following entries could not be a closing entry? Multiple Choice Debit Income Summary $48.500 credit Expenses $48,500 Debit Revenues $64.500; credit Income Summary $64,500 Debit Income Summary $16,000 credit Retained earnings $16,000 Debit Income Summary $64.500, credit Revenues $64,500 Debit Retained earnings $7100, credit Dividends $7100