Question: Use the following information to answer question 3. Given the following adjusted trial balance: Debit Credit Cash $1,562 2,098 3,124 86 300 Accounts receivable

CreditUse the following information to answer question 3.Given the following adjusted trial balance:DebitCash$1,562Acco

Use the following information to answer question 3. Given the following adjusted trial balance: Debit Credit Cash $1,562 2,098 3,124 86 300 Accounts receivable Inventory Prepaid rent Property, plant & equipment - Accumulated depreciation Accounts payable Unearned revenue Common stock Retained earnings + Service revenue 52 82 172 206 end December 6,610 218 56 Interest revenue -Salary expense Travel expense 160 66 May 31, 2016 for $300 he Total $7,396 $7,396 After closing entries have been posted, the balance in retained earnings will be: $6,390 b. $6,562 c. $6,658 d. $6,830 a. Which account will have a zero balance after closing entries have been journalized and posted? a. Prepaid rent. b. Advertising Supplies. Service revenue . d. Accumulated Depreciation.

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