Cash - $30,000
Accounts Receivable - $40,000
Notes Receivable - $50,000
Furniture - $30,000
Accumulated Depreciation - Furniture $30,000
Accrued Salaries Payable - $50,000
Service Revenue - $100,000
Salaries Expense - $20,000
Rent Expense - $10,000
Depreciation Expense - $5,000
Common Stock - $20,000
Retained Earnings - $10,000
What is the balance of total equity after closing entries?
