need to create balance sheet and the retained earnings is $22,454

the net income is $23,454

John Tang, LLC Adjusted Trial Balance December 31, 2019 DEBIT CREDIT Cash Accounts Receivable Computer Supplies Prepaid Insurance Prepaid Rent Office Equipment Acc Depreciation - Office Equipment Computer Equipment Acc Depreciation - Computer Equipment 199,160 19,170 575 2,300 3,200 5,000 104 10,000 167 Wages Payable Common Stock Dividends 1,680 215,000 1,000 29,370 Computer Service Revenue Depreciation Expense - Office Equipment Depreciation Expense - Computer Equipment Wages Expense Insurance Expense Rent Fynense Computer Supplies Expense Advertising Expense Repairs Expense - Computer 104 167 2.520 100 1600 225 850 350 Totals 246,321 246.321