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9. At the beginning of January, the balance in the Retained Earnings account is $360,000 for TR Corporation. During the month of January, TR had
9. At the beginning of January, the balance in the Retained Earnings account is $360,000 for TR Corporation. During the month of January, TR had the following external transactions. (a) Issue common stock for cash (b) Purchase equipment and pay cash (c) Provide services to customers in exchange for cash (d) Provide services to customers on account (e) Pay workers' salaries for the month (f) Pay rent for the month (g) Pay dividends to stockholders $125,000 225,000 41,000 135,000 54,000 2,500 20,000 $ Determine ending Retained Earnings for January 31st
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