Based on the information provided, I need help preparing a Post-Closing Trial Balance
Ar r ed this 143 Based on the adjusted Trial Balance, please Stockholder's equilty schedule: Hached Income statement Balance Sheet ar Rate answer her Credit Adjusted Trial Balance Debit 18,670 2,450 1,005 1,100 12,750 4,300 900 Particulars Cash Accounts receivables 1,005GAs & Oil Prepaid Insurance Equipment Accounts Payable Unearned revenue Interest payable notes payable Capital Withdrawls Service Revenue Advertising expense Cellphone expense Mileage expense Supplies expense Insurance Expense Interest expense Total 167 20,000 10,000 1,000 3,350 800 375 210 90 100 167 38,717 38,717 X X X X x X Comprehensive Project Part B Date Business Transactions Transaction Amount Nick Roberts invested capital in his new December 1, 2018 Deposit Ticket1 business venture by depositing money into an interest bearing business checking $10,000.00 account Nick borrowed from the local bank. It is a 5 December 1, 2018 Deposit Ticket 1 year note, 10% interest December 2, 2018 100 Check Number Nick paid cash for a trailer listed on Craigs $8.000.00 list to haul his lawn equipment Nick signed a contract with a celular company and purchased a smart phone on December 2, 2018 account to track appointments and make $200.00 business phone calls (anything less than $300 is considered an expense). Nick purchased a lawn tractor at Sears on 00000 account Nick paid cash for a hand lawn mower at Check Number $750.00 December 3, 2018 101 Menards (anything tangible over $300 is capitalized as a fixed asset). Nick paid for a one-year insurance policy $1.200.00 Check Number December 4, 2018 102 that was effective December 1. Nick signed a contract with a local graphic center to detail the name of the business on 5700.00 December 5, 2018 his truck for advertising and received an Socember 3, 2018 X X X X C X X Check Number December 5, 2018 103 X Check Number December 8, 2018 invoice to be paid Nick paid cash for supplies (gas cans, rakes, & garbage cans) which he will be using in November for the business. (hint-he is $90.00 using them right away so they are an expense) Nick filled all of the gas cans and purchased oil for the lawn equipment. (Gas & Oil are $400.00 recorded as an asset and adjusted at the end of the month for usogel Nick advertised his business in the local newspaper. The newspaper invoices their $100.00 customers monthly Nick performed lawn service for The Local Community College campus and its dormitories. The college was invoiced. December 9, 2018 $1,000.00 Invoice 001 December 10, 2018 December 1, 2018 $200.00 December 14, 2018 December 15, 2018 December 17, 2018 December 19, 2018 December 19, 2018 December 22, 2018 Deposit Ticket Nick performed lawn service for The CPA Firm and received cash. A The Insurance Agency gave Nick an advance Deposit Ticket 2 payment to maintain their lawn. Nick quoted them $300 per service visit. Deposit Ticket 2 Nick received partial payment for Invoice $300.00 001 Invoice 002 Nick performed lawn service for MNO $400.00 Manufacturing. The company was invoiced Check Number Nick filled all of the gas cans and purchased $230,00 105 oll for the lawn equipment. Check Number Nick paid the local graphic center for the $700,00 106 work they did on his truck. $400.00 Deposit Ticket 3 Nick received payment for Invoice 002. Nick performed lawn service for The Local $950.00 Invoice 003 Community College campus and its dormitories. The college was invoiced. Check Number Nick filled all of the gas cans and purchased $375 00 107 oil for the lawn equipment. Nick submitted an expense report for Check Number 108 truck. December 24, 2018 December 28, 2018 $210.00 business mileage incurred on his personal December 28, 2018 $800.00 Invoice 004 $175.00 Nick performed lawn service for a new client, FSC Corporation and sent them an invoice. Nick paid the cell phone bill for the month of December Nick withdrew cash for personal use. Check Number December 29, 2018 December 29, 2018 December 30, 2018 $1,000.00 109 Check Number 110
