Answer:
Formula for area of triangle:
A = bh x 1/2
Formula for area of parallelogram:
A = bh
Now find the area of the figure above which is a triangle:
3(base) x 8(height) x 1/2 = <em>12</em>
Let's find the area of the parallelogram;
6(height) x 9(base) = <em>54</em>
Add the two areas together:
12 + 54 = 66 cm2
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.
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