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An accountant prepared the following post-closing trial balance: Security Services Co. POST-CLOSING TRIAL BALANCE July 31, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 46,960.00 2
An accountant prepared the following post-closing trial balance: Security Services Co. POST-CLOSING TRIAL BALANCE July 31, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 46,960.00 2 Accounts Receivable 122,780.00 3 Supplies 3,500.00 129,000.00 32,200.00 + Equipment 5 Accumulated Depreciation Equipment 6 Accounts Payable 7 Salaries Payable 8 Unearned Rent 52,100.00 6,300.00 8,400.00 9 Common Stock 40,000.00 10 Retained Earnings 163,240.00 11 Totals 465,680.00 138,800.00 Prepare a corrected post-closing trial balance. Assume that all accounts have normal balances and that the amounts shown i the instructions are correct. Security Services Co. POST-CLOSING TRIAL BALANCE July 31, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Accounts Receivable 3 Supplies 4 Equipment 5 Accumulated Depreciation-Equipment 6 Accounts Payable 7 Salaries Payable 8 Unearned Rent 9 Common Stock 10 Retained Earnings 11 Totals
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