+ 18) The following is the adjusted trial balance for Tuttle Photography. Accounts Debit Credit Cash...
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+ 18) The following is the adjusted trial balance for Tuttle Photography. Accounts Debit Credit Cash $15,000 Accounts receivable 30,000 Prepaid insurance 7,500 Office supplies 3,200 Land 40,000 Building 160,000 Accumulated depreciation $12,000 Equipment 75,000 Accumulated depreciation 8,500 Accounts payable 12,000 Salaries payable 2,000 Unearned service revenue 25,000 Mortgage payable 100,000 Common stock 10,000 Retained earnings Dividends Service revenue Salaries expense Depreciation expense Supplies expense Insurance expense 11,290 23,000 289,000 61,000 6,150 14,040 14,000 Utilities expense 20,900 $469,790 $469.790 What will the final balance in Retained earnings be in the Balance Sheet? A) $207,200 B) $184,200 C) $416,380 D) $161,200 + 18) The following is the adjusted trial balance for Tuttle Photography. Accounts Debit Credit Cash $15,000 Accounts receivable 30,000 Prepaid insurance 7,500 Office supplies 3,200 Land 40,000 Building 160,000 Accumulated depreciation $12,000 Equipment 75,000 Accumulated depreciation 8,500 Accounts payable 12,000 Salaries payable 2,000 Unearned service revenue 25,000 Mortgage payable 100,000 Common stock 10,000 Retained earnings Dividends Service revenue Salaries expense Depreciation expense Supplies expense Insurance expense 11,290 23,000 289,000 61,000 6,150 14,040 14,000 Utilities expense 20,900 $469,790 $469.790 What will the final balance in Retained earnings be in the Balance Sheet? A) $207,200 B) $184,200 C) $416,380 D) $161,200
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