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Business, 02.06.2020 18:59 arlettg

The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed the following:.
Debit Credit
Cash 29,000
Land 56,000
Notes payable 32,400
Common stock 22,000
Retained earnings 15,800
Service revenue 62,000
Expenses 44,900
Dividends 2,300
Total $ 132,200 $ 132,200
What will the balance of the retained earnings account be after the closing entries are recorded?

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The trial balance of Barger Company at the end of the accounting period, immediately prior to record...

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