The Retained earnings account has a credit balance of $54,000 before closing entries are made. Total revenues for the period are $72,200, total expenses are $48,300, and dividends are $15,800. What is the correct closing entry for the revenue accounts?

$62100

Step-by-step explanation:

The following can be deduced from the information given in the question:

Credit balance = $54000

Total revenues = $72,200

Total expenses = $48,300

Dividends = $15,800

Closing entry= Credit balance + Total revenues - (Total expenses + Dividends)

= $54000 + $72,200 - ($48300 + $15800)

= $126200 - $64100

= $62100

step-by-step explanation:

ok one would be money, and the other would be refreshments or something similar. if each bag of popcorn is 5.00 and each drink is half of that that means drinks are 2.50 the proper way to do that would to look and see how much of each you can buy without exceeding a limit of 30.00