A summary of selected ledger accounts appears below for Solomon's Electrical Services for the current calendar year-end. The balance in retained earnings that will appear on the financial statements is
A)$62,000
B)$57,000
C)$205,500
D)$85,500

Question

A summary of selected ledger accounts appears below for Solomon's Electrical Services for the current calendar year-end.  The balance in retained earnings that will appear on the financial statements is
A)$62,000 
B)$57,000 
C)$205,500 
D)$85,500

Quizplus · Accepted Answer

The Answer of A summary of selected ledger accounts appears below for Solomon's Electrical Services for the current calendar year-end.  The balance in retained earnings that will appear on the financial statements is
A)$62,000 
B)$57,000 
C)$205,500 
D)$85,500

A Summary of Selected Ledger Accounts Appears Below for Solomon's