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Current Attempt in Progress Given the following adjusted trial balance: Debit Credit Cash $1263 Accounts receivable 1594 Inventory 2374 Prepaid rent 65 Equipment 230

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Current Attempt in Progress Given the following adjusted trial balance: Debit Credit Cash $1263 Accounts receivable 1594 Inventory 2374 Prepaid rent 65 Equipment 230 Accumulated depreciation-equipment $40 Accounts payable 62 Unearned service revenue 93 Common stock 158 Retained earnings 5020 Service revenue 280 Interest revenue 43 Salaries and wages expense 120 Travel expense 50 Total $5696 $5696 After closing entries have been posted, the balance in retained earnings will be: $4893. O $5173. O $4977. O $5345.

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