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A company has the following adjusted trial balance: Debit Credit Cash 400 Accounts receivable 450 Prepaid rent 100 Equipment 3,300 Accumulated depreciation-Equipment 1,100 Accounts payable

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A company has the following adjusted trial balance: Debit Credit Cash 400 Accounts receivable 450 Prepaid rent 100 Equipment 3,300 Accumulated depreciation-Equipment 1,100 Accounts payable 250 Unearned service revenue 200 Common stock 600 Retained earnings 1,000 Service revenue 2,600 Interest revenue 100 Salaries and wages expense 800 Depreciation expense 500 Rent expense 300 Total 5,850 5,850 After closing entries have been journalized and posted, the balance in the company's retained earnings account will be $1,000 $2,000 OC $2,100. $2.300. $5,850

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