Homework Answers
Answer:
7. Option (A) $-18,536
Effect on Retained Earnings = (-5635)+(-1975)+(-3750)+(-7176) = -18536
8. Option (C) $-10,926
Effect on total equities = (-3750-7176) = 10926
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itiing Concepts Questions 7 and 8 refer to the following entries: X Company prepares monthly financial...
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