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Given the trial balance amounts below, compute ending retained earnings. Common stock $170,400 Accounts payable $35,500 Cash $165,640 Accounts receivable $31,550 Supplies $2,200 Office equipment
Given the trial balance amounts below, compute ending retained earnings.
Common stock | $170,400 | Accounts payable | $35,500 |
Cash | $165,640 | Accounts receivable | $31,550 |
Supplies | $2,200 | Office equipment | $33,100 |
Prepaid rent | $4,600 | Unearned revenue | $5,720 |
Service revenue | $28,400 | Utilities expense | $590 |
Beginning retained earnings | $42,600 | Shaving equipment | $44,940 |
$63,900 | |
$70,410 | |
$42,010 | |
$31,980 | |
$27,810 |
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