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3 Exercise 4-10 Preparing closing entries and a post-closing trial balance LO P2, P3 The adjusted trial balance for Salon Marketing Co. follows. Complete the
3 Exercise 4-10 Preparing closing entries and a post-closing trial balance LO P2, P3 The adjusted trial balance for Salon Marketing Co. follows. Complete the four right-most columns of the table by first entering information for the four closing entries and then completing the post-closing trial balance. 1C points 04:23:09 SALON MARKETING COMPANY Partial Work Sheet Adjusted Trial Balance Closing Entry Information Post-Closing Trial Balance Account Title Dr No. Dr. Cr. Cr Dr. Cr eBook Cash 101 S 5,800 Accounts receivable 106 25,000 153 Equipment 154 Accumulated depreciation-Equipment Land Print 42.000 $ 17,500 183 31,000 References Accounts payable 209 Salaries payable 15,000 201 4.200 233 Unearned fees 3.600 E. Salon, Capital 69.120 301 E. Salon, Withdrawals 302 15,400 401 Marketing fees earned 611 Depreciation expense- Equipment. 61,700 12,000 622 Salaries expense 24,557 640 Rent expense 9.378 Miscellaneous expense 677 5,985 01 Income summary S 171.120 $171,120 Totals
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