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3 Q4 Q5 + KIDDOS ROCK CHILD CARE - Year 2 Use the Post-Closing Trial Balance amounts of Year 1 (from the Midterm Project) as
3 Q4 Q5 + KIDDOS ROCK CHILD CARE - Year 2 Use the Post-Closing Trial Balance amounts of Year 1 (from the Midterm Project) as the beginning balances of Year 2. Record below. Post the Transaction Journal Entries from Q1, Adjusting Journal Entries from Q2, and the Closing Entries from Q8 to the General Ledger below. Compute the ending balance for each account. Kiddos Rock Child Care GENERAL LEDGER - Year 1 Cash Notes Payable 100,000 30,000 2 Jan 13,000 146,000 5,000 2 Jan 40,000 4 Jan 70,000 4 Jan 101,000 13,000 Common Stock Depreciation Expense 100,000 $100,000 3,300 Accounts Receivable Interest Payable Retained Earnings Rent Expense 150,000 146,000 1430 15,000 1430 15,000 4,000 Supply Inventory Income Summary Dividends Supply Expense 40,000 34,000 34,000 6,000 34,000 Prepaid Rent Office Furniture 30,000 15,000 18,000 15,000 18,000 PPE Accumulated Depreciation PPE Revenue 3,300 150,000 3,300 150,000 Wage Expense 70,000 Interest Expense 1430 1430
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