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Below is a list of accounts from Java Inc. trial balance for the year ended December 31, 2017. Cash - $180,000 Accounts receivable -
Below is a list of accounts from Java Inc. trial balance for the year ended December 31, 2017. Cash - $180,000 Accounts receivable - $5,000 Sales revenue - $95,000 Retained earnings, 1/1/20Y7 - $4,000 Expenses- $20,000 Dividends $500 Liabilities -$60,000 Using the account balances determine Retained earnings at December 31, 20Y7 A $125,000 B) $46,500 $79,000 $78,500 E $47,000 F) Cannot be determined from the information
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