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Exercise 4-04 a-c The adjusted trial balance columns of the worksheet for Auburn Company are as follows. AUBURN COMPANY Worksheet (partial) For the Month Ended
Exercise 4-04 a-c The adjusted trial balance columns of the worksheet for Auburn Company are as follows. AUBURN COMPANY Worksheet (partial) For the Month Ended April 30, 2020 Adjusted Trial Balance Account Titles Dr. Cr. Cash 10,000 Accounts Receivable 7,840 Prepaid Rent 2,280 Equipment 23,050 Accumulated Depreciation-Equip 4,900 Notes Payable 5,700 Accounts Payable 4,920 Owner's Capital 27,960 Owner's Drawings 3,650 Service Revenue 15,590 Salaries and Wages Expense 10,840 Rent Expense 760 Depreciation Expense 650 Interest Expense 57 Interest Payable 57 59,127 Totals 59,127 Journalize the closing entries at April 30. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. Apr. 30 (To close revenue account) 2. Apr. 30 (To close expense accounts) 3. Apr, 30 (To close net income / (loss)) 4. Apr. 30 (To close drawings) SHOW LIST OF ACCOUNTS LINK TO TEXT Post the closing entries. (Post entries in the order of journal entries posted in the previous part of the question.) Income Summary Owner's Capital SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a post-closing trial balance at April 30 AUBURN COMPANY Post-Closing Trial Balance Debit Credit Totals click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT
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