<span>5ab^2 + 10ab
5ab^2 = 5ab *(b)
10ab = 5ab *(2)
so GCF of </span>5ab^2 + 10ab = 5ab
Boy im a about to roast you
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.