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, Syracuse's retained earnings balance would be

A. $23,700.
B. $26,400.
C. $21,000.
D. $16,800.


Answer: C

Business

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