1440ski
Active member
Can anyone figure this out fast? I seem to be doing something wrong and can't get the right answer. +kkk Need it done in the next 15 minutes.
Given the following list of account balances and the beginning Retained Earnings balance of $25,000, compute the ending balance for Retained Earnings.
Account
Account Balance
Sales Revenue
$ 15,000
Dividends
1,300
Accounts Receivable
2,100
Supplies Expense
600
Interest Payable
400
Dividend Revenue
1,100
Interest Expense
800
Cost of Goods Sold
8,200
31,900
30,200
42,300
29,800
Given the following list of account balances and the beginning Retained Earnings balance of $25,000, compute the ending balance for Retained Earnings.
Account
Account Balance
Sales Revenue
$ 15,000
Dividends
1,300
Accounts Receivable
2,100
Supplies Expense
600
Interest Payable
400
Dividend Revenue
1,100
Interest Expense
800
Cost of Goods Sold
8,200
31,900
30,200
42,300
29,800