Business, 04.07.2020 19:01 kmsg2000

Consider the following account starting balances and journal transactions involving these accounts. Use T-accounts to record the starting balances and organize the offsetting entries for the transactions. The starting balance of Cash is $14,700 The starting balance of Inventory is $3,800 The starting balance of Retained Earnings is $22,900 Date Accounts and Explanation Debit Credit Mar 9 Cash 35 Inventory 28 Retained Earnings 7 Sold and delivered product to customer Mar 10 Cash 20 Retained Earnings 20 Sold, delivered, and received payment for service with no clear associated cost Mar 11 Retained Earnings 3 Cash 3 Consumed good or service and paid expense with cash What is the final amount in Retained Earnings?

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Consider the following account starting balances and journal transactions involving these accounts....

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