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HackSoft Corp. showed the following alphabetized post-closing trial balance at May 31, 2023. Note: - There were 13,000 shares issued and outstanding on May 31,
HackSoft Corp. showed the following alphabetized post-closing trial balance at May 31, 2023. Note: - There were 13,000 shares issued and outstanding on May 31, 2023. - Depreciation on the furniture is $1,150 per month. - HackSoft Corp.'s salaries expense is a total of $900 per day for each work day (Monday-Friday) in the month (for simplicity, please ignore all statutory holidays). What is the next step in the accounting cycle? Prepare an unadjusted trial balance Prepare financial statements This is the last step Prepare adjusting entries Prepare an adjusted trial balance Prepare a post-closing trial balance Prepare closing entries Post transactions HackSoft Corp. showed the following alphabetized post-closing trial balance at May 31, 2023. Note: - There were 13,000 shares issued and outstanding on May 31, 2023. - Depreciation on the furniture is $1,150 per month. - HackSoft Corp.'s salaries expense is a total of $900 per day for each work day (Monday-Friday) in the month (for simplicity, please ignore all statutory holidays). What is the next step in the accounting cycle? Prepare an unadjusted trial balance Prepare financial statements This is the last step Prepare adjusting entries Prepare an adjusted trial balance Prepare a post-closing trial balance Prepare closing entries Post transactions
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