Prior to closing, Syracuse Company's accounting records showed the following balances:Retained earnings$16,800 Service revenue 21,750 Interest revenue 1,800 Salaries expense 12,300 Operating expense 3,450 Interest expense 900 Dividends 2,700 After closing, what is the balance of the Retained Earnings account?
A. $23,700
B. $21,000
C. $26,400
D. $16,800
Answer: B
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