A B D E G 4 5 b 7 8 9 10 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 42 18 Watermelon Adjusted Trial Balance December 31, 2018 Debit Credit Cash $ 7,000.00 Accounts Receivable $ 5,000.00 Allowance for Doubtful Accounts $ 1,000.00 Supplies $ 1,750.00 Inventory $ 12,000.00 Prepaid Insurance $ 2,000.00 Prepaid Rent $ 4,000.00 Equipment $ 9,000.00 Accumulated Depreciation - Equipment $ 2,500.00 Cars $ 21,000.00 Accumulated Depreciation - Cars $ 9,000.00 Accounts Payable $1,000.00 Unearned Service Revenue $ 900.00 Common Stock $ 2,500.00 Retained Earnings $ 13,000.00 Dividends $ 1,000.00 Sales Revenue $ 22,200.00 Service Revenue $ 28,000.00 Salaries Expense $ 6,000.00 Utility Expense $ 2,000.00 Insurance Expense S 1,000.00 Office Expense S 600.00 Rent Expense $3,000.00 Advertising Expense S 500.00 Depreciation Expense S 500.00 Supplies Expense $ 3,500.00 Bad Debt Expense S 200.00 Miscellaneous Expense S 50.00 Total $ 80,100.00 $ 80,100.00 Required: Prepare the following to enter into January 2019. 1.00 Close the revenue account. 2.00 Close the expense accounts. 3.00 Close income Summary 4.00 Close the dividend account. 5.00 Post the transactions to the General Ledger. 6,00 Calculate the Ending Retained Earnings Balance 7.00 Prepare the Post-Closing Trial Balance Requirement Closing Entries The General Ledger Post-Closing Trial Balance Select destination and press ENTER or choose Paste Type here to search o H 191 Clipboard Font Alignment D12 B C D E G 1 3 Account Dr Cr Date December 4 S 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 NE NNNNNNNNNN in 30 31 27 Requirement Closing Entries Seled destination and press ENTER or choose Poste The General Ledger Post-Closing Trial Balance Type here to search 10 Home Page Layout Formulas Review Help Conditioning w Det B 1 - A A ISHED Accounting $ - % 8 28 Duta Collyes Nu fi 00 100 72.250.00 6,000.00 73.100.00 MOOC Voo S000 1.500.00 50.00 100.00 12,000.00 + 11.000.00 The General Ledger Post Closing Trial Balance Requerent Closing Entries Sedan INTIK doo Type here to search O . M !! Clipboard Font Alignment Number B c D Watermelon Post-Closing Trial Balance December 31, 2018 Debit Credit Total The General Ledger Post-Closing Trial Balance Requirement Closing Entries et destination and press ENTOR or choose uste Type here to search o RI E
