Question
I am working on doing a post closing trial balance and need some help with which accounts should be included in this. Here is a
I am working on doing a post closing trial balance and need some help with which accounts should be included in this. Here is a list of my accounts. I know some of the basics but I am struggling with a few. My balance isn't working so I am thinking I have too many accounts listed or not enough.
Thank You for the help
Cash Petty Cash Accounts Receivable Allowance for Doubtful Accounts Notes Receivable Interest Receivable Inventory Supplies Prepaid Insurance Prepaid Rent Other Assets Land Buildings Accum. Depr. -Buildings Equipment Accum. Depr. -Equipment Trucks Accum, Depr. - Trucks Notes Payable Accounts Payable Salaries and Wages Payable FICA Taxes Payable Income Taxes Payable Federal Withholding Taxes Payable State Withholding Taxes Payable FUTA Taxes Payable SUTA Taxes Payable Interest Payable Dividends Payable Notes Payable (LT Liability) Bonds Payable Discount on Bonds Payable Common Stock Paid-In Cap. In Excess of Stated Value Retained Earnings Treasury Stock Dividends Income Summary Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold Advertising Expense Bad Debt Expense Supplies Expense Freight-Out Miscellaneous Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Rent Expense Payroll Tax Expense Utilities Expense Interest Revenue Gain on Disposal of Plant Assets Interest Expense Loss of Disposal of Plant Assets Income Tax Expense
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