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5) Use the Adjusted Trial Balance for Anderson Service Company to prepare the balance sheet at September 30, 2016. You must compute the ending balance

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5) Use the Adjusted Trial Balance for Anderson Service Company to prepare the balance sheet at September 30, 2016. You must compute the ending balance of Retained Earnings. Anderson Service Company Adjusted Trial Balance September 30, 2016 Balance Account Title Debit Credit Accounts Payable $9,000 Accounts Receivable $2,800 Accumulated Depreciation, Equipment 1,500 Cash 14,500 10,000 Common Stock Depreciation Expense - Equipment Dividends Equipment Notes Payable (long-term) Office Supplies Prepaid Rent Rent Expense Retained Earnings, August 31, 2016 Salaries Expense Service Revenue Supplies Expense Unearned Revenue Utilities Expense Total 600 |1,500 40,000 20,000 1,500 4,800 1,200 8,100 9,000 27,500 500 1,000 700 $77,100 $77,100

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