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I need help with answering number 37. A screenshot including the data table is included. I think the answer might be 20070 but i am not sure
Arial10GeneralAaPasteBI UAAlign1%ConditionalFormattingStylesActionsThemesThe following is a Donner Company’s adjusted trial balance for June 30.These are account balances AFTER adjusting entries but BEFORE closing entries.Use the adjusted trial balance below to answer questions 36 through 39.Donner CompanyAdjusted Trial BalanceJune 30, 2014DebitCreditCash19,590Accounts Receivable8,460Supplies5 , 150Prepaid Rent3,310Equipment18,400Accumulated Depreciation5,390Accounts Payable3,290Wages Payable2,390Unearned Fees10,770ebitCommon Stock13,000470Retained Earnings11,670180Cash Dividends1,7004,370Fees Earned29,9202, 810Wages Expense12,7005,600Rent Expense2,760Depreciation Expense2,540Supplies Expense1,820TOTAL76,43076,430Based on the adjusted trial balance above, how much was net income in June?$ 10, 10037Based on the adjusted trial balance above and net income amount you just calculated, what wasthe Retained Earnings, June 30 balance that would appear on the retained earnings statement?$47,43038Prepare a balance sheet for Donner Company as of June 30, 2015. Do not skip any lines. More lines than needed are provided.39.Prepare a trial balance for Donner Company as of June 30, 2015 AFTER closing entries have been recorded.Donner CompanyDonner CompanyBalance SheetPost-Closing Trial BalanceJune 30, 2015June 30, 2015-Debit14 4 5 #1Exam 2 +Normal ViewReadyW
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