Question: q21 SAAS Inc. has developed many software applications for coding and data analytics. In 2020, it had a retained earnings balance of $100,000 on April

q21

q21 SAAS Inc. has developed many software applications for coding and data

SAAS Inc. has developed many software applications for coding and data analytics. In 2020, it had a retained earnings balance of $100,000 on April 1, and the company had the following transactions during April: Issued common stock for cash, $50,000. Provided services to customers on account, $20,000. Provided services to customers in exchange for cash, $9000. Purchased equipment and paid cash, $43,000. Paid April rent, $8000. Paid employees' salaries for April, $7000. What was SAAS's retained earnings balance at the end of April? Fill in the blank. Omit $ sign. Fill in the blank

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