Randall's Service Company began operations on January 1, 2025. The following Trial Balance was prepared on...
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Randall's Service Company began operations on January 1, 2025. The following Trial Balance was prepared on December 31, 2025. Randall's Service Company Trial Balance December 31, 2025 Account Title Cash Accounts Receivable Prepaid Rent Office Supplies Land Building Equipment Accounts Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Office Expense Repair Expense Total Debit $25,400 5,000 1,200 3,400 45,000 16,500 23,000 6,400 34,000 14,000 5,000 2,000 $180,900 Credit $15,000 5,000 25,000 52,000 83,900 $180,900 What is the December 31, 2025 balance of Retained Earnings on the Balance Sheet? Randall's Service Company began operations on January 1, 2025. The following Trial Balance was prepared on December 31, 2025. Randall's Service Company Trial Balance December 31, 2025 Account Title Cash Accounts Receivable Prepaid Rent Office Supplies Land Building Equipment Accounts Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Office Expense Repair Expense Total Debit $25,400 5,000 1,200 3,400 45,000 16,500 23,000 6,400 34,000 14,000 5,000 2,000 $180,900 Credit $15,000 5,000 25,000 52,000 83,900 $180,900 What is the December 31, 2025 balance of Retained Earnings on the Balance Sheet?
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