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Given the following adjusted trial balance: Debit Credit Cash $1,562 2,098 3,124 86 300 52 82 Accounts receivable Inventory Prepaid rent Equipment Accumulated depreciation- equipment
Given the following adjusted trial balance: Debit Credit Cash $1,562 2,098 3,124 86 300 52 82 Accounts receivable Inventory Prepaid rent Equipment Accumulated depreciation- equipment Accounts payable Unearned service revenue Common stock Wretained earnings Service revenue Interest revenue Salaries and wages expense 122 206 6,610 268 56 160 Travel expense 66 Total $7,396 $7,396 After closing entries have been posted, the balance in retained earnings will be O $6,512 O $6,340 0 $6.708. 0 $6,880
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