Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Flint...

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Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Flint Corporation is provided below. Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue - Service Revenue Rent Revenue Rent Expense. Retained Earnings Supplies Expense Debit $90,020 32,610 16,370 263,870 112.960 4,460 1,740 Credit $65,720 142,350 28,400 227,910 7,690 76.630 Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.) Selected year-end account balances from the adjusted trial balance as of December 31, 2025, for Flint Corporation is provided below. Accounts Receivable Dividends Depreciation Expense Equipment Salaries and Wages Expense Accounts Payable Accumulated Depreciation-Equipment Unearned Rent Revenue - Service Revenue Rent Revenue Rent Expense. Retained Earnings Supplies Expense Debit $90,020 32,610 16,370 263,870 112.960 4,460 1,740 Credit $65,720 142,350 28,400 227,910 7,690 76.630 Determine the post-closing balance in Retained Earnings. (Post entries in the order of journal entries presented in the previous part.)

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Step 1 Closing Journal entries A closing entry is a journal entry made at the end of the accounting ... View the full answer