Given the Trial Balance Amounts Below,compute Ending Retained Earnings

question 81

Multiple Choice

Given the trial balance amounts below,compute ending retained earnings.
Common stock…….$120,000 Accounts payable…...$25,000
Cash………………..$116,640 Accounts receivable.$22,450
Supplies………........$ 1,500 Office equipment…...$23,300
Prepaid rent……….$ 3,200 Unearned revenue….$ 4,152
Service revenue…...$ 20,000 Utilities expense…....$ 422
Beginning Shaving equipment… $31,640
Retained earnings..$ 30,000

• A) $19,578
• B) $29,578
• C) $23,728
• D) $49,578
• E) $45,000

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A method of grouping data transmitted over a digital network into packets, which are then routed independently to the destination, allowing for efficient use of network resources.

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Numerical values represented using 16 binary digits, allowing for a range of values from 0 to 65,535 in unsigned form or −32,768 to 32,767 in signed form.

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