Here is, out of order, the list of accrued accounts of the company Compute Ltd for the
Question:
Here is, out of order, the list of accrued accounts of the company Compute Ltd for the year ended December 31, X6: Common shares ($ 175,000); Retained earnings ($ 325,000); Accounts Payable ($ 4,000); Products ($ 850,000); Administrative expenses ($ 220,000); Operating expenses ($ 350,000); Cash ($ 35,000); Accounts receivable ($ 144,800); Prepaid insurance ($ 2,500); Trucks ($ 175,000); Warehouse ($ 450,000); Advertising ($ 16,000); Financial expenses ($ 3,500); Miscellaneous charges ($ 147,200); Loan ($ 250,000); Accumulated depreciation - Truck ($ 70,000); Accumulated depreciation - Warehouse ($ 45,000).
From this information, indicate the balance of the retained earnings account (RND) at December 31 X6?
a. $438 300
b. $393 300
c. none
d. $368 300
e 325 000 $
