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?
A)$65,000.
B)$80,000.
C)$130,000.
D)$145,000.
E)$280,000.

Question

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? 
A)$65,000. 
B)$80,000. 
C)$130,000. 
D)$145,000. 
E)$280,000.

Quizplus · Accepted Answer

The Answer of 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? 
A)$65,000. 
B)$80,000. 
C)$130,000. 
D)$145,000. 
E)$280,000.

The Following Information Is Available from the Adjusted Trial Balance