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The following accounts and balances are taken from Moore Company's adjusted trial balance: Accounts Payable $...

The following accounts and balances are taken from Moore Company's adjusted trial balance: Accounts Payable $ 11,000 Accounts Receivable 3,200 Accumulated Depreciation 1,600 Depreciation Expense 1,700 Dividends 2,100 Insurance Expense 2,200 Interest Revenue 1,440 Prepaid Insurance 2,220 Retained Earnings 10,400 Salary Expense 23,100 Service Revenue 35,800 What is the ending balance in Retained Earnings after the closing entries are completed?

A. $18,540

B.$8,140

C.$10,240

D.$ 37,240

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ekkarill92 answered 2 years ago
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