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Randall's Service Company Began Operations on January 1, 2019

Question 198

Multiple Choice

Randall's Service Company began operations on January 1, 2019. The following Trial Balance was prepared on December 31, 2019. Capital contributions during the year were $54,000. Randall's Service Company
Trial Balance
December 31, 2019
Randall's Service Company began operations on January 1, 2019. The following Trial Balance was prepared on December 31, 2019. Capital contributions during the year were $54,000. Randall's Service Company Trial Balance December 31, 2019    What is the December 31, 2019 balance of Retained Earnings? A)  $33,100 B)  $19,300 C)  $20,500 D)  $25,500 What is the December 31, 2019 balance of Retained Earnings?


A) $33,100
B) $19,300
C) $20,500
D) $25,500

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