b$)$ The remaining inventory of supplies is $$600.$

c$)$ The estimated depreciation on equipment is $$100.$

d$)$ The estimated income taxes are $$1,200.$

Requirement #$5$:

Post the adjusting entries to the General Ledger T$-$accounts and compute adjusted balances. Just add to the balances that are already listed.Prepare an adjusted trial balance in the space below.

True Consulting Corporation

Adjusted Trial Balance

July $31$Prepare the financial statements for True Consulting Corporation as of July $31$ in the space below.

You will only be preparing the income statement, statement of retained earnings, and the balance sheet.

The statement of cash flows is a required financial statement, but is not required for this case study.Prepare a post$-$closing trial balance as of July $31$ in the space below.

True Consulting Corporation

Post$-$Closing Trial Balance

July $31$Prepare the closing entries at July $31$ in the General Journal below.

General Journal

Requirement #$9$:

Post the closing entries to the General Ledger T$-$accounts and compute ending balances.

Just add to the adjusted balances already listed.Requirement #$3$:

Prepare a trial balance for July in the space below.

True Consulting Corporation

Trial Balance

July $31$