Question
Adjusted Trial Balance. Post-closing entries trial balance Account names Dr$ Cr$ Dr$ Cr$ Cash 898 898 Accounts receivable 2 652 2 652 Supplies 1 920
Adjusted
Trial Balance.
Post-closing entries trial balance
Account names
Dr$
Cr$
Dr$
Cr$
Cash
898
898
Accounts receivable
2 652
2 652
Supplies
1 920
1 920
Office equipment
15 600
15 600
Accumulated Depreciation
3 594
3 594
Accounts Payable
1 260
1 260
Service revenue received in advance
780
780
Salaries Payable
600
600
Share Capital
9 400
9 400
Dividends
800
Retained earnings
5 400
5 436
Service Revenue
7 200
Depreciation Expense
344
Supplies Expense
750
Salaries Expense
2 520
Rent Expense
2 400
Tax expense
350
Totals
$28 234
$28 234
$21 070
$21 070
Required:
1.Prepare a classified balance sheet at 31 march.
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
5th Canadian edition
1259269868, 978-1259269868
