On adjusted trial balance of Cha Cha Company, the company reports the following information: Retained Earnings $10,300 Sales Revenue $8,000 and Service Revenue $1,250 Rent Expense $3,000, Salaries and Wages Expense $2,500, Utilities Expense $560, Supplies Expense $200, and Depreciation Expense $500 Dividends $1,000.

What is the ending retained earnings balance that should be reported on post-closing trial balance? 

Answer rating: 100% (QA)

To determine the ending retained earnings balance for the postclosing trial balance youll need to ca... View the full answer