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(Solved): Based on the adjusted trial balance below, what is the amount of retained earnings that should be r ...
Based on the adjusted trial balance below, what is the amount of retained earnings that should be reported on the post-closing trial balance after closing entries are posted? (HINT: Prepare closing entries. Then, draw a T-account for retained earnings to calculate its ending balance.) - When typing your responses, do NOT include a dollar sign. For example, if your answer is \( \$ 10,000 \), you should be typing 10,000 or \( 10,000.00 \) without any dollar sign.