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The following information is from the balance sheet of TWT Berhad as at 31 December 2020. Find the retained profit as at 31 December 2020
Cash | $150,000 |
Accounts receivable | 30,000 |
Motor vehicle | 60,000 |
Machinery | 250,000 |
Accounts payable | 75,000 |
Wages payable | 50,000 |
Loan payable | 140,000 |
Share capital at 1.1. 2020 | 150,000 |
Retained profit | ?? |
Dividends | 13,000 |
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