Cash Accounts Receivable 16,000 6,000 2,000 19,000 16,000 6,000 2,000 19,000 Supplies Equipment Accumulated Depr. 6,000 Accounts Payable Wages Payable Common Stock 10,000 2,000 5,000 6,000 10,000 2,000 5,000 11,260 Retained Earnings 11,260 Dividends 1,000 1,000 Fees Larned 40,038 40,038 Wages Expense 19,129 Rent Expense 6,805 19,129 6,805 4,364 Depreciation Expense 4,364 Totals 74,298 74,298 30,298 40,038 44,000 Net Income (Loss) 9,740 34,260 9,740 44,000 40,038 40,038 44,000 The ending balance of retained earnings is $20,000 $16,260 $o $9,740 Previous Next