The following information is available from the adjusted trial balance of the Harris Vacation Rental Agency. After closing entries are posted, what will be the balance in the Retained earnings account? Total revenues $ 145,000 Total expenses 69,600 Retained earnings 92,800 Dividends 17,400

$150,800  will be the balance in the Retained earnings account.

Solution:

All the provisional accounts will be closed throughout the closing process at the conclusion of the accounting cycle. A trial balance is available after completion to test that the final debits are the same as total credits.

Formula to calculate retained earnings:

Beginning balance retained earnings + Revenues - Expenses - Dividends

$92,800 + $145,000 - $69,600 - $17,400 = $150,800

Revenue is the sum obtained from the sale to buyers of goods and services. During the operation, expenses are costs associated. Dividends shall be paid to their owners out of a corporate profit. The deferred benefit is the income earned throughout the company's lifespan.

balanced lifestyle would be the type of lifestyle that fulfill all aspects of our life, including financial security, personal achievements, emotional balance, and intimate relationships with other people.

for me personally, the job that i would choose to achieve a balanced lifestyle is opening an online store.

online store can be managed from the comfort of our phone. if we are the owner of the store, we can determine our own working hours. we can arrange our working hours so we have time to do things such as taking care of children, cultivating romantic relationship, or do our hobby.

answer; ///blank(1); rate-buster; blank(2) systematic soldiering;