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The following adjusted trial balance was drawn from the records of the Ramos Company. Account Title Dr Cr Cash 500 Equipment 2,000 Common Stock 1,700
The following adjusted trial balance was drawn from the records of the Ramos Company. Account Title Dr Cr Cash 500 Equipment 2,000 Common Stock 1,700 Retained Earnings 500 Service Revenue 900 Operating Expenses 600 Totals 3,100 3,100 Based on the information in the trial balance, the amount of retained earnings reported on the year-end balance sheet would be $600. $1,400. $800. $500
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