#6

The Adjusted Trial Balance section of the worksheet for Van Zant Janitorial Supplies follows. The owner made no additional investments during the year. Credit $ Debit 18,300 59,500 250 185, 900 7, 110 3,030 50,700 17,500 8,400 1,360 440 275,970 73,700 179.700 Accounts Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Social Security Tax Payable Medicare Tax Payable Steven Van Zant, Capital Steven Van Zant, Drawing Income Summary Sales Sales Returns and Allowances Purchases Freight In Purchases Returns and Allowances Purchases Discounts Rent Expense Telephone Expense Salaries Expense Payroll Taxes Expense Supplies Expense Insurance Expense Depreciation Expense-Equipment Uncollectible Accounts Expense Totals 185,900 771,500 14, 100 486,600 100 8,200 5,000 33,500 6,220 22, 840 1,500 6,300 1, 530 7,800 1,090 $1,274,520 $1,274,520 Prepare a postclosing trial balance for the firm on December 31, 2019. Credit VAN ZANT JANITORIAL SUPPLY Post-closing Trial Balance December 31, 2019 Account name Debit Cash Accounts receivable Allowance for doubtful accounts Merchandise inventory Supplies Prepaid insurance Equipment Accumulated depreciation Equipment Accounts payable Social security tax payable Medicare tax payable Steven Van Zant, Capital Steven Van Zant, Drawing Income summary Sales Sales returns and allowances Purchases Freight in TICI Purchases returns and allowances Purchases discounts Rent expense Telephone expense Salaries expense Payroll taxes expense . Supplies expense Insurance expense Depreciation expense-Equipment Uncollectible accounts expense Totals WWW