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Below is a list of accounts with corresponding balances. Using these accounts, along with the fact that the beginning balance in Retained Earnings is $16,000, compute the ending balance in Retained Earnings. Note: Not all of the listed account balances enter into the calculation of Retained Earnings.

Account Account Balancce

a Insurance Expense $2,400

b Cash 4,500

c Sales Revenue 11,300

d Advertising Expense 3,100

e Accounts Payable 5,200

f Dividents 1,200

g Interest Revenue 600

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Accounting Basics, Accounting

Category:- Accounting Basics
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