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Given the following adjusted tabular summary amounts: Cash $1696 Accounts receivable 2006 Inventory 3286 Prepaid rent 80 Equipment 280 Accumulated depreciation-equipment 46 Accounts payable 76
Given the following adjusted tabular summary amounts:
Cash | $1696 |
Accounts receivable | 2006 |
Inventory | 3286 |
Prepaid rent | 80 |
Equipment | 280 |
Accumulated depreciation-equipment | 46 |
Accounts payable | 76 |
Unearned service revenue | 122 |
Common stock | 152 |
Retained earnings | 6770 |
Service revenue | 370 |
Interest revenue | 52 |
Salaries and wages expense | 170 |
Travel expense | 70 |
The ending retained earnings amount on the retained earnings statement will be:
$7124.
$6756.
$6582.
$6952.
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