Question
Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Flint Corporation is provided below. Accounts Receivable Dividends Depreciation
Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Flint Corporation is provided below. Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue - Service Revenue Rent Revenue Rent Expense. Retained Earnings Supplies Expense Debit $90,020 32,610 16,370 263,870 112.960 4,460 1,740 Credit $65,720 142,350 28,400 227,910 7,690 76.630 Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.)
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
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