The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entries are posted, what will be the balance in the Retained earnings account? Total revenues$115,000?Total expenses 55,200?Retained earnings 73,600?Dividends 13,800?
A. $73,600.
B. $59,800.
C. $55,200.
D. $119,600.
E. $133,400.
Answer: D
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