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Calculate the ending balance in retained earning after closing entries are posted Smithson, Inc. Adjusted Trial Balance December 31, 20xX Cash Accounts Receivable 190,000 334,000

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Smithson, Inc. Adjusted Trial Balance December 31, 20xX Cash Accounts Receivable 190,000 334,000 39,000 42,000 1,000,000 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Depreciation Expense-Equipment Insurance Expense Legal and Professional Expense Salaries and Wages Expense Telecommunications Expense Travel Expense Totals 84,000 230,000 26,000 248,000 840,000 20,000 720,000 21,000 48,000 32,000 390,000 14,000 18,000 2,148,000 2,148,000 $1,689,000 $1.017,000 $840,000 ) cannot be determined

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