Data Table Adjusted Trial Balance Debit Credit 9,000 6,830 200 4,800 Meadowland Rental Company Trial Balance Worksheet June 30, 2018 Trial Balance Account Debit Credit Cash 9,000 Accounts receivable 6,400 Interest receivable Note receivable 4,800 Supplies 1,400 Prepaid insurance 2,900 Building 67,000 Accumulated depreciation-building 8,800 Accounts payable 6,200 Wages payable Unearned rental revenue 1,600 Common stock 14,000 Retained earnings 46,200 Dividends 3,400 Rental revenue 19,700 1,100 1,800 67,000 10,300 6,200 810 1,000 14,000 46,200 3,400 20,730 Print Done Check Answer If the assets of a business are $300,000 and the liabilities are $130,000, how much is the equity? If the equity in a business is $190,000 and the liabilities are $160,000, how much are the assets? A company reported monthly revenues of $310,000 and monthly expenses of $100,000. What is the result of operations for the month? If the beginning balance of retained earnings is $190,000, revenue is $75,000, expenses total $20,000, and the company declares and pays a $8,000 assets of a business are $300,000 and the liabilities are $130,000, how much is the equity? to calculate the equity, we must use the accounting equation. Begin by determining the accounting equation, then solve for the equity. Equity ne equity in a business is $190,000 and the liabilities are $160,000, how much are the assets? counting equation can be rearranged to determine the amount of assets. If the equity is $190,000 and liabilities are $160,000, calculate the amount of as company reported monthly revenues of $310,000 and expenses of $100,000. What is the result of operations for the month? ar to calculate the operations for the month we must compute net income or net loss. Begin by determining the equation to compute net income or loss, the Net income (loss) the beginning balance of retained earnings is $190,000, revenue is $75,000, expenses total $20,000, and the company declares and pays a $8,000 divider begin by selecting the labels in the summarized statement of retained earnings and then enter the amounts to calculate the ending balance of retained eam Statement of Retained Earnings