Financial Accounting 1 ACC112 Cr Ext: The adjusted trial balance of the Thomas Company follows: Thomas Company Adjusted Trial Balance December 31 A/C titles Dr. Cash 8000 Prepaid insurance 2400 Equipment 18000 Accumulated depreciation-office equipment Salaries payable Unearned repair fess Thomas, Capital Thomas, Withdrawals 4000 Fees earned 3600 2000 1200 11400 27500 10000 salaries expense Depreciation expense-Office equipment Insurance expense Totals 1800 4000 135,260 135,260 Date Account title Debit Credit Financial Accounting! ACC112 EX2: Shown below is Adventure Travel's adjusted trial balance as of the end of its annual accounting period: (a) Prepare the necessary closing entries. (b) Prepare a post-closing trial balance. Trial Balance December 31 A/C titles Cr. Cash Dr. 25000 15000 4300 29600 5000 25000 30260 1000 Accounts receivable Office Supplies Office equipment Accumulated depreciation office equipment Long-term notes payable Brady, Capital Brady, Withdrawals Fees earned salaries expense Rent expense Depreciation expense-Office equipment Advertising expense Office supplies expense Totals 75000 32800 16800 3960 4000 2800 135,260 135,260 Financial Accounting I ACC112 Date Account title Debit Credit Trial Balance December 31 A/C titles Dr. Cr