1Verify Ending Balances

Glossary

Activity 1.a - Calculate post-closing ending balances

Verify all ending balances for each specific account after closing entries are journalized and posted. Be sure to enter all zero balances on the normal balance side and enter balances for permanent accounts!

Please help me find the balance for the few questions below:

Bright, Capital

Dec. 31

20,400

36,000

Adj. Bal.

6,200

Dec. 31

Bal.?

*** What's the balance**** ?

Income Summary

Dec. 31

5,300

19,200

Dec. 31

13,900

Bal.

Dec. 31

13,900

Bal.?

*** What's the balance***?