Question
Cash Accounts Payable Service Revenue Bal. 4,400 19,400 Bal. Clos. (1) 48,300 48,300 Bal. Bal. 4,400 19,400 Bal. 0 Bal. Accounts Receivable Interest Payable Insurance
| Cash |
| Accounts Payable |
| Service Revenue | |||||||||
| Bal. | 4,400 |
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| 19,400 | Bal. | Clos. (1) | 48,300 | 48,300 | Bal. | ||
| Bal. | 4,400 |
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| 19,400 | Bal. |
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| 0 | Bal. | ||
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| Accounts Receivable |
| Interest Payable |
| Insurance Expense | |||||||||
| Bal. | 4,500 |
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| 8,000 | Bal. | Bal. | 5,000 | 5,000 | Clos. (2) | ||
| Bal. | 4,500 |
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| 8,000 | Bal. | Bal. | 0 |
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| Office Supplies |
| Salaries Payable |
| Salaries Expense | |||||||||
| Bal. | 2,700 |
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| 2,200 | Bal. | Bal. | 32,900 | 32,900 | Clos. (2) | ||
| Bal. | 2,700 |
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| 2,200 | Bal. | Bal. | 0 |
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| Prepaid Insurance |
| Unearned Revenue |
| Supplies Expense | |||||||||
| Bal. | 1,900 |
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| 7,100 | Bal. | Bal. | 900 | 900 | Clos. (2) | ||
| Bal. | 1,900 |
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| 7,100 | Bal. | Bal. | 0 |
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| Land | Notes Payable | Interest Expense | |||||||||||
| Bal. | 13,200 |
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| 37,000 | Bal. | Bal. | 8,000 | 8,000 | Clos. (2) | ||
| Bal. | 13,200 |
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| 37,000 | Bal. | Bal. | 0 |
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| Building |
| Estrada, Capital |
| Utilities Expense | |||||||||
| Bal. | 77,000 |
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| Clos. (3) | 8,000 | 40,000 | Bal. | Bal. | 1,800 | 1,800 | Clos. (2) | ||
| Bal. | 77,000 |
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| Clos. (4) | 27,500 |
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| Bal. | 0 |
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| 4,500 | Bal. |
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| Accumulated Depr.Building | Estrada, Withdrawals | Depreciation ExpenseBuilding | |||||||||||
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| 25,500 | Bal. | Bal. | 27,500 | 27,500 | Clos. (4) | Bal. | 7,700 | 7,700 | Clos. (2) | ||
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| 25,500 | Bal. | Bal. | 0 |
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| Bal. | 0 |
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| Income Summary | |||||||||||||
| Clos. (2) | 56,300 | 48,300 | Clos. (1) | ||||||||||
| Bal. | 8,000 | 8,000 | Clos. (3) | ||||||||||
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| 0 | Bal. | ||||||||||
QUESTION: . Prepare the company's post-closing trial balance at June 30, 2018.
| Estrada Real Estate Appraisal | |||
| Post-Closing Trial Balance | |||
| June 30, 2018 |
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| Balance | |||
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| Account Title | Debit | Credit | ||
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Fundamentals Of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
1st Edition
0072992573, 9780072992571
