E4-25 (similar to) 8 Question Help Data Table Mike's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: Click the icon to view the adjusted trial balance.) Read the requirements To close Dividends. Mike's Bowling Alley Adjusted Trial Balance December 31, 2018 Requirement 2. Prepare a post-closing trial balance. Mike's Bowling Alley Post-Closing Trial Balance December 31, 2018 Balance Requirements - X Account Title Debit Credit Cash $ Balance 16,000 2,500 Debit Credit Accounts Receivable Office Supplies Prepaid Insurance Land 1. Prepare the closing entries for Mike's Bowling Alley. 2. Prepare a post-closing trial balance. 3. Compute the current ratio for Mike's Bowling Alley. 1,050 3,300 5,000 125,000 Print Done $ 10,000 44,000 12,000 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Building Accumulated DepreciationBuilding Land Accounts Payable Utilities Payable Salaries Payable Unearned Revenue Common Stock 5,000 725 3,900 Building Accumulated DepreciationBuilding Equipment Accumulated Depreciation Equipment Accounts Payable Utilities Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense 1,500 111,000 41,875 25,000 125,000 Retained Earnings 25,000 39,000 Total Choose from any list or enter any number in the input fields and then click Check Answer. Print Done part remaining Clear All Check Answer E4-25 (similar to) 8 Question Help Data Table Mike's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: Click the icon to view the adjusted trial balance.) Read the requirements To close Dividends. Mike's Bowling Alley Adjusted Trial Balance December 31, 2018 Requirement 2. Prepare a post-closing trial balance. Mike's Bowling Alley Post-Closing Trial Balance December 31, 2018 Balance Requirements - X Account Title Debit Credit Cash $ Balance 16,000 2,500 Debit Credit Accounts Receivable Office Supplies Prepaid Insurance Land 1. Prepare the closing entries for Mike's Bowling Alley. 2. Prepare a post-closing trial balance. 3. Compute the current ratio for Mike's Bowling Alley. 1,050 3,300 5,000 125,000 Print Done $ 10,000 44,000 12,000 Account Title Cash Accounts Receivable Office Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Building Accumulated DepreciationBuilding Land Accounts Payable Utilities Payable Salaries Payable Unearned Revenue Common Stock 5,000 725 3,900 Building Accumulated DepreciationBuilding Equipment Accumulated Depreciation Equipment Accounts Payable Utilities Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense 1,500 111,000 41,875 25,000 125,000 Retained Earnings 25,000 39,000 Total Choose from any list or enter any number in the input fields and then click Check Answer. Print Done part remaining Clear All Check