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Given the following account balances after closing entries are posted, what would be the balance in the Equipment account on the Post - Closing Trial
Given the following account balances after closing entries are posted, what would be the balance in the Equipment account on the Post - Closing Trial balance (assume normal account balances)? Cash Accounts Receivable Office Supplies Prepaid Rent Land Building Accumulated Depreciation, Building Equipment Accounts Payable Salaries Payable $20,000 1,600 4,500 8,500 15,700 24,400 11,000 ? 6,400 3,000 ..... O A. $159,200 B. $181,200 C. $95,500 D. $276,700 Given the following account balances after closing entries are posted, what would be the balance in the Equipment account on the Post - Closing Trial balance (assume normal account balances)? Cash Accounts Receivable Office Supplies Prepaid Rent Land Building Accumulated Depreciation, Building Equipment Accounts Payable Salaries Payable $20,000 1,600 4,500 8,500 15,700 24,400 11,000 ? 6,400 3,000 ..... O A. $159,200 B. $181,200 C. $95,500 D. $276,700
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