Noenoenoenoenoenoenoenoenoe
Answer:
how tho. people I summon y'all lol
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.
I am still learning, and am most likely incorrect.
I believe you remove the 3's since their not needed, and do this:
2x = 4x + 6 - (2x)
so then just ignore "x" and do this:
2 = 4 + 6 - 2
2 = 10 - 2
2 = 8
x = 8
Answer:
1.-204.5 2.-557
Step-by-step explanation:
