Based on the following information, what would be the ending balance in the Retained Earnings… 1 answer below »

Based on the following information, what would be the ending balance in the Retained Earnings account, assuming all accounts have a normal balance?

Cash

$6,884

Dividends

$3,300

Accounts receivable

15,033

Consulting fees earned

15,018

Office supplies

2,755

Rent expense

3,803

Land

38,453

Salaries expense

6,772

Office equipment

15,835

Telephone expense

690

Accounts payable

6,593

Miscellaneous expense

410

Common stock

55,790

Retained Earnings

 

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