Question: Presented below are the balances from Elsie's Electronics Ltd.'s general ledger as at September 30, 2016: Required: Prepare the necessary closing entries for Elsie's Electronics

Presented below are the balances from Elsie's Electronics Ltd.'s general ledger as at September 30, 2016: Required: Prepare the necessary closing entries for Elsie's Electronics at September 30. Determine the closing Retained Earnings account balance
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