The adjusted trial balance for Victoria Lee Company for the year ended June 30, 2021, follows.

Instructions

a. Prepare closing entries at June 30, 2021.

b. Prepare a post-closing trial balance.

Transcribed Image Text:

VICTORIA LEE COMPANY Adjusted Trial Balance June 30, 2021 Debit Credit Cash Accounts receivable $ 3,712 3,904 Supplies Accounts payable Unearned revenue Salaries payable V. Lee, capital V. Lee, drawings 480 $ 1,382 160 460 5,760 550 Service revenue 4,300 Salaries expense Miscellaneous expense Supplies expense 1,260 256 1,900 $12,062 $12,062