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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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Based on the following information, what would be the ending balance in the Retained Earnings account, assuming all accounts have a normal balance? |
| Â |
Â
| Cash | $6,784 | Dividends | $2,300 |
| Accounts receivable | 14,033 | Consulting fees earned | 14,018 |
| Office supplies | 2,655 | Rent expense | 3,703 |
| Land | 37,453 | Salaries expense | 6,672 |
| Office equipment | 14,835 | Telephone expense | 590 |
| Accounts payable | 6,493 | Miscellaneous expense | 310 |
| Common stock | 54,790 | Retained Earnings | ? |
| Â | $14,477 |
| Â | $16,777 |
| Â | $13,575 |
| Â | $14,034 |
| Â | $14,018 |
Â
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