22400 Revenues Operating Expenses Dividends 17.000 Retained Earnings After closing entries at December 31.2016. Retained Earnings will be: $19,900. $7.400. C. S2,900. D. $24,400. 14. The following is a trial balance of Barnhart Company as December 31, 2016: Debit Account Title 12.500 Accounts Receivable Accounts Payable Retained Earnings Service Revenue 7.450 Operating Expenses 5.100 Dividends Totals Based on the trial balance, the total amount of assets appearing on the balance sheet would be: A. S21,350. B. S12,500. 15,750 D. $23.200. 15. What transaction does the following general journal entry represent? Accounts payable 1,200 Cash A. Provided services on account. B Paid cash owed to a suppl Collected cash from customers. D. Borrowed money to support operating activities. 16. What business event is represented by this journal entry