After closing its accounts at October 31,2010, Simmons Realty, Inc., had the following account balances: Prepare Simmons

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After closing its accounts at October 31,2010, Simmons Realty, Inc., had the following account balances: image text in transcribed

Prepare Simmons Realty’s post-closing trial balance at October 31,2010. List accounts in proper order.

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Financial Accounting

ISBN: 9780136060482

1st Edition

Authors: Jeffrey Waybright, Robert Kemp

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Question Posted: May 11, 2024 11:02 PM

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After closing its accounts at October 31,2010, Simmons Realty, Inc., had the following account balances: Prepare Simmons

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Notes Payable. $2,000 Cash........ 1,850 Prepaid Rent. 975 Service Revenue 0 Accounts Receivable. 2,450 Retained Earnings 1,075 Prepaid Insurance 1,300 Common Stock 5,000 Accounts Payable.. 300 Salary Expense. 0 Building... $1,800

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Financial Accounting

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