Answer:
7/12
Step-by-step explanation:
12/12-5/12=7/12
Answer:
the slope is 9 and the y-int. is -8
Step-by-step explanation:
Ooo! I love these! Ok so your IQR is C or D. I might have my calculations wrong if so. Sorry!
Answer:
b) update the Retained Earnings account.
Step-by-step explanation:
A major purpose of preparing closing entries is to - update the Retained Earnings account.
Retained earnings are defined as those profits, that a company has earned to date minus any dividends or other money paid to investors.
Whenever we make an entry to the accounting records, that affects a revenue or expense account, this retained earning amount is adjusted.