The following is the adjusted trial balance for Baker Services. Accounts Debit Cash Accounts Receivable Prepaid Insuranc
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The following is the adjusted trial balance for Baker Services. Accounts Debit Cash Accounts Receivable Prepaid Insuranc
Salaries Payable Unearned Revenue Mortgage Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Depreciation Expense-Building and Equipment Supplies Expense Insurance Expense Utilities Expense Total 26,000 63,000 6,000 14,000 14,400 21,000 $490,000 4,500 27,000 104,000 15,000 16,500 270,000 $490,000
Retained Earnings Dividends Service Revenue Salaries Expense Depreciation Expense-Building and Equipment Supplies Expense Insurance Expense Utilities Expense Total 26,000 63,000 6,000 14,000 14,400 21,000 $490,000 After the closing entries are posted, what is the balance in Retained Earnings? O A. $31,500 B. $26,000 OC. $142,100 OD. $183,100 270,000 $490,000