retained earning balance 452377
Aug 29, 2021 | Uncategorized
|
Based on the following information, what would be the ending balance in the Retained Earnings account, assuming all accounts have a normal balance?
|
|
| Cash |
$6,784 |
Dividends |
$2,300 |
| Accounts receivable |
14,033 |
Consulting fees earned |
14,018 |
| Office supplies |
2,655 |
Rent expense |
3,703 |
| Land |
37,453 |
Salaries expense |
6,672 |
| Office equipment |
14,835 |
Telephone expense |
590 |
| Accounts payable |
6,493 |
Miscellaneous expense |
310 |
| Common stock |
54,790 |
Retained Earnings |
? |
| |
$14,477 |
| |
$16,777 |
| |
$13,575 |
| |
$14,034 |
| |
$14,018
|
