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Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Monty Corp. is provided below. Debit Credit Accounts Receivable $68,240

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Selected year-end account balances from the adjusted trial balance as of December 31, 2022, for Monty Corp. is provided below. Debit Credit Accounts Receivable $68,240 Dividends 24,720 Depreciation Expense 12,410 Equipment 200,030 Salaries and Wages Expense 85,630 Accounts Payable $49,820 Accumulated Depreciation-Equipment 107,910 Unearned Rent Revenue 21,530 Service Revenue 172,770 Rent Revenue 5,830 Rent Expense 3,380 Retained Earnings 58,090 Supplies Expense 1,320 Account Titles and Explanation Date Debit Credit Dec. 31 (To close revenue account) Dec. 31 (To close expense accounts) Dec. 31 (To close net income to retained earnings) Dec. 31 (To close dividends to retained earnings) Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.) Retained Earnings

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