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Cash 6,878 Accounts Receivable 2,507 Prepaid Expenses 606 Equipment 14,023 Accumulated Depreciation 1,551 Accounts Payable 1,567 Notes Payable 4,816 Common Stock 1,000 Retained Earnings 12,386

Cash 6,878 Accounts Receivable 2,507 Prepaid Expenses 606 Equipment 14,023 Accumulated Depreciation 1,551 Accounts Payable 1,567 Notes Payable 4,816 Common Stock 1,000 Retained Earnings 12,386 Dividends 616 Fees Earned 8,169 Wages Expense 3,309 Rent Expense 801 Utilities Expense 429 Depreciation Expense 253 Miscellaneous Expense 67 Totals 29,489 29,489 Determine the retained earnings ending balance

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