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Exercise 4-7 Swifty Company had the following adjusted trial balance. Swifty Company Adjusted Trial Balance For the Month Ended June 30, 2019 Adjusted Trial Balance
Exercise 4-7 Swifty Company had the following adjusted trial balance. Swifty Company Adjusted Trial Balance For the Month Ended June 30, 2019 Adjusted Trial Balance Account Titles Debit Credit Cash $3,790 Accounts Receivable 3,760 Supplies 460 Accounts Payable $1,700 Unearned Service 180 Revenue Common Stock 1,990 Retained Earnings 2,500 Dividends Service Revenue 5,300 Salaries and Wages 1,300 Expense Miscellaneous Expense 360 Supplies Expense 1,900 Salaries and Wages 700 Payable 800 $12,370 $12,370 Prepare closing entries at June 30, 2019. (Credit account titles are automatically Debit Credit Date Account Titles and Explanation June 30 (To close revenue account) June 30 (To close expense accounts) June 30 (To close net income / (loss) June 30 (To close dividends) Prepare a post-closing trial balance. Swifty Company Post-Closing Trial Balance Debit Credit Totals Click if you would like to Show Work for this question: Open Show Work
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