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FOLLOWING TRIAL BALANCE FOR THE YEAR DECEMBER 31 2021 SUPPLIES 1500 OTHER OPERATING EXPENSE 10000 ACCOUNT PAYABLE 11000 ACCOUNT RECEIVABLE 4000 COMMON STOCK 10000 RETAINED
FOLLOWING TRIAL BALANCE FOR THE YEAR DECEMBER 31 2021
SUPPLIES 1500
OTHER OPERATING EXPENSE 10000
ACCOUNT PAYABLE 11000
ACCOUNT RECEIVABLE 4000
COMMON STOCK 10000
RETAINED EARNING 5000
SERVICE REVENUE 19000
CASH 15000
DIVIDEND 6000
NOTE PAYABLE 1000
EQUIPMENT 9500
USING THE ABOVE INFORMATION COMPANY . FIND 1) NET INCOME 2) CLOSING BALANCE OF RETAINED EARNING 3) AND TOTAL ASSET
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