Refer to the following adjusted trial balance after the first year of operations: Accounts Cash Accounts...
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Refer to the following adjusted trial balance after the first year of operations: Accounts Cash Accounts Receivable Office Supplies Equipment Accounts Payable Accumulated Depreciation - Equipment Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Equipment Total Debit Credit $1,700 $8,500 $200 $26,200 $3,000 $1,100 $800 $400 $3,100 $2,000 $57,600 $23,000 $2,300 $2,100 $66,000 $66,000 What will the balance of the Retained Earnings account be after the closing entries are posted? Refer to the following adjusted trial balance after the first year of operations: Accounts Cash Accounts Receivable Office Supplies Equipment Accounts Payable Accumulated Depreciation - Equipment Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Equipment Total Debit Credit $1,700 $8,500 $200 $26,200 $3,000 $1,100 $800 $400 $3,100 $2,000 $57,600 $23,000 $2,300 $2,100 $66,000 $66,000 What will the balance of the Retained Earnings account be after the closing entries are posted?
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