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The Yohan Corporation had the following account balances on February 28. Salary expense $2,900 Fees revenue Supplies Rent expense $4,000 Accounts payable $5,500 Common stock

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The Yohan Corporation had the following account balances on February 28. Salary expense $2,900 Fees revenue Supplies Rent expense $4,000 Accounts payable $5,500 Common stock $19,500 Prepaid rent Dividends Retained earnings $5,000 Accounts receivable$15,500 Determine the balance in the company's retained earnings account after the closing process is completed at the end of February. 14,000 $3,500 Cash 12,000 $3,100 $1,700 Supplies expense$1,300 a. $9,100 b.$5,000 d.$10,800

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