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1. Write the accounting equation from the post-closing trial balance of Leyes Service Grafix. 2. From the post-closing trial balance of Leyes Service Grafix as
1. Write the accounting equation from the post-closing trial balance of Leyes Service Grafix. 2. From the post-closing trial balance of Leyes Service Grafix as of December 31, 2018, prepare a Statement of Financial Position. a. Report Form b. Account Form Cr 5,000 Post-Closing Trial Balance December 31, 2018 Dr Cash in Bank P100,000 Accounts Receivable 480,000 Allowance for Bad Debts Prepaid Rent 10,000 Office Equipment 660,000 Accumulated Depreciation Office Equipment Salaries Payable Accounts Payable Fred Leyes, Capital Total P 1.250,000 60,000 30,000 240,000 915.000 1.250.000 P
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