Answer Happy

Posted: **Sun Jul 03, 2022 3:52 pm**

: The Following Is The Adjusted Trial Balance For Baker Services Accounts Debit Cash Accounts Receivable Prepaid Insuranc 1 (40.25 KiB) Viewed 13 times

: The Following Is The Adjusted Trial Balance For Baker Services Accounts Debit Cash Accounts Receivable Prepaid Insuranc 2 (32.02 KiB) Viewed 13 times

: The Following Is The Adjusted Trial Balance For Baker Services Accounts Debit Cash Accounts Receivable Prepaid Insuranc 3 (46.31 KiB) Viewed 13 times

The following is the adjusted trial balance for Baker Services. Accounts Debit Cash Accounts Receivable Prepaid Insurance Office Supplies Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable OA. $31,500 B. $26,000 O C. $142,100 OD. $183,100 $51,000 30,000 3,500 3,100 48,000 135,000 75,000 Credit $17,500 8,500 27,000 +

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