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 PLEASE DO IT BY TPYE NOT PICS
QUESTION 1
From the following select ALL accounts that go into calculating Retained Earnings.
1.
Accounts Receivable
2.
Rent Expense
3.
Sales Revenue
4.
Dividends
5.
Accounts Payable
6.
Beginning Retained Earnings
7.
Common Stock
8.
Rent Payable
QUESTION 2
Which of the following is a nominal (temporary) account?
A.
Unearned Service Revenue
B.
Inventory
C.
Salaries and Wages Expense
D.
Retained Earnings

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