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GOMEZ COMPANY Selected Accounts Month ending April 3 0 , 2 0 1 7 Adjusted Trial Bal. Account Title Dr . Cr . Retained Earnings

GOMEZ COMPANY
Selected Accounts
Month ending April 30,2017
Adjusted Trial Bal.
Account Title Dr. Cr.
Retained Earnings 25,800
Dividends 3,500
Service Revenue 14,000
Salaries and Wages Expense 9,450
Rent Expense 500
Depreciation Expense 600
Interest Expense 50
5. Close the Revenue and Expense accounts to Income Summary
7
7
6. Close Income Summary to Retained Earnings
7. Close Dividends to Retained Earnings
8. What is the final balance in Retained Earnings when steps 5-7 are complete?

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