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.
Answer:
A= T/CB - 6/B
that is the answer to the question
first is 86
we know because of the sum of the interior angles of a triangle being 180, and that 5 + 6 =180
1. A
2. D
3. C
4. 5n
5. 24 ?
6. 80
7. 5
they may not be right i honestly dont know but hopefully it helps just a little :’)
