The total revenues of $6,500, total expenses of $3,500, and dividends of $500 were recorded in the
closing entries. The net change in retained earnings for the month was
A.$3,000.
B.$2,500.
C.$3,500.
D.$6,000.
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The total revenues of $6,500, total expenses of $3,500, and dividends of $500 were recorded in the
closing entries. The net change in retained earnings for the month was
A.$3,000.
B.$2,500.
C.$3,500.
D.$6,000.