Question: Based on the following data and assuming that the common stock account balance is $66000, what is the balance in retained earnings? Accounts payable $90000
Based on the following data and assuming that the common stock account balance is $66000, what is the balance in retained earnings?
| Accounts payable | $90000 |
| Accounts receivable | 61000 |
| Cash | 82000 |
| Inventory | 135000 |
| Buildings | 155000 |
| Bonds payable | 520000 |
| Supplies | 9700 |
| Notes payable | 65000 |
| Equipment | 346000 |
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