Presented below is the adjusted trial balance of TWK, Inc. at December 31: Debit Credit...
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Accounting
Presented below is the adjusted trial balance of TWK, Inc. at December 31: Debit Credit Cash 10 Accounts Receivable 20 Equipment 200 Accounts Payable 15 Capital Stock 100 Retained Earnings 50 Dividends 5 Service Revenue 180 Salaries Expense 80 Depreciation Expense 20 Supplies Expense 10 Refer to the above data. What is the balance in retained earnings at December 31?
Select one:
a. $50.
b. $115
c. $70
d. $65.
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