i completed the 9 steps accounting cycle but there is still some errors i have made. Can you please point them out or put the corrections for this to be 100% correct.

SOLID FOOTING 227 OverPriced Jeans, Inc. - Transactions. Additional Information March 2019 Transactions Date Description of the Transaction March 1 Owners of OPJ invested an additional $55,000 cash into the business. The cash is put into Big Bank (As an example of how to journal and post a transaction the transaction has already been entered into the General Journal and posted to the General Ledger.) March 1 Pay off the 500,000 Note Payable owed to Little Bank. The cash to pay off the note is taken out of Big Bank. Also pay to Little Bank $450 for interest owed on the Note Payable for February The $450 cash is also taken out of Big Bank. SPP March 1 Take $4,200 cash out of Big Bank to pay for March's rent. March 2 The customer that purchased on credit on February 15 pays $88,000 cash to pay off the amount due. The cash is deposited into Big Bank March 10 Sale of inventory to a customer selling price $91,050 - cost of the inventory sold $23.500. The customer pays cash. The cash is deposited into Little Bank U March 15 Take $20,000 cash out of Little Bank to pay employees for wages they have earned March 16 Purchase 580,500 of additional inventory. OPJ will pay the manufacturer 50% of the $80.500 in 10 days. OPJ will pay the remaining 50% in 30 days. March 17 Sale of inventory to a customer-selling price $113,000 - cost of the inventory sold $36,000 The customer will pay for the purchase in 30 days March 20 March 2 Sale of inventory to a customer --selling price $183,500 - cost of the inventory sold $47.000 The customer pays $25,000 cash that is deposited into Little Bank. The customer will pay the The customer pure in 30 days 0 0 March 22 Purchase inventory for $42.000 cash. The cash is taken out of Big Bank March 26 Pay the manufacturer the 50% due on the March 16th purchase of inventory. The cash is taken out of Big Bank March 30 Take $35,000 cash out of Little Bank to pay employees for wages they have earned. Additional Information Note Payable Big Bank: Interest due to Big Bank on the Note Payable for the month of March is $605. As of March 31 OPJ owes Big Bank a total of $1,205 for interest ($600 for February + $605 for March). Interest will be paid to Big Bank in June. SOLID FOOTING 22 Homework Forms Overpriced Jeans, Inc. - Chart of Accounts Account # 100 105 110 120 150 Account Name Assets: Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment 200 210 215 220 225 Liabilities: Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank Equity: Common Stock Retained Earnings 305 Revenues: Sales Revenue 400 510 515 520 Expenses: | Cost of Goods Sold Rent Expense Wages Expense Interest Expense SOLID FOOTING 227 Ovidio 90s OverPriced Jeans, Inc. - General Journal Page 1 Debit Credit Account Account Name Number 100 Cash - Big Bank 300 Common Stock Issue additional Common Stock Posted X X / 55,000.00 55,000.00 215 225 100 Note Payable- Little Bank Interest Payable- Little Bank Cash - Big Bank Note and Interest payed X X 60,000.00 450.00 60.450.00 3-1 4,200.00 510 100 Rent Expense Cash- Big Bank Rent for March payed X X 4,200.00 3-2 X L 100 110 88,000.00 Cash-Big Bank Account Recievable Customers Credit Payed off 88,000.00 3-10 91,050.00 91,050.00 105 400 500 120 Cash-Little Bank Sales Revenue Cost of Goods Sold Inventory Sold inventory for Cash X 23,050.00 23,050.00 3-15 515 105 Wages Expense Cash-Little Bank Wages for employees X X 26,000.00 26,000.00 3-16 X 80,500.00 120 200 Inventory Account Payable Purchase of Inventory 80,500.00 113,000.00 110 400 500 120 113,000.00 Account Receivable Sales Revenue Cost of Goods Sold Inventory Sold Inventory for Cash 36,000.00 36,000.00 omework Forma SOLID FOOTING 227 Over Priced Jeans, Inc. - General Journal Posted Credit Debit 25,000.00 158,500.00 X Account Account Name 105 Cash - Little Bank 110 Account Receivable "183500 - 25000 1 Sales Revenue Cost of Goods Sold 120 Inventory Customer partial payment & inventory so 183,500.00 400 500 47,000.00 47,000.00 3-22 42,000.00 120 100 Inventory Cash-Little Bank Purchase of Inventory X X L L 42,000.00 3-26 X 40,250.00 200 100 Account Payable Cash-Little Bank Payment to Account Payable X 40,250.00 3-30 X 35,000.00 515 105 Wages Expense Cash-Little Bank Wages for Employees 35,000.00 3-31 X 1,205.00 520 210 interest Expense Note Payable-Big Bank Interest Expense recorded X 1,205.00 3-31 400 305 387,550.00 Sales Revenue Retained Earnings Close Sales Revenue Account X X 387,550.00 3-31 305 172,905.00 Retained Earnings Cost of goods Sold Rent Expense Wages Expense Interest Expense Close Expense Accounts 106,500.00 4,200.00 61,000.00 1,205.00 Homework for SOLID FOOTING 227 Ovidio Burgos OverPriced Jeans, Inc. - General Ledger Account # 100 Cash - Big Bank Journal Page Credit 3.1 Beginning Balance Debit 76,000.00 55,000.00 60,450.00 4,200.00 Balance 76,000.00 DI 131,000.00 DE 70,550.00 DP 66,350.00 Dr 154,350.00 DP 112.350.00 Dr 72,100.00 Dr 1 2 88,000.00 3-22 42,000.00 40,250.00 3-26 Account # 105 Cash - Little Bank Journal Pace Credit Beginning Balance 2019 Month-Day 3-1 3-10 3-15 3-20 Debit 27,000.00 91,050.00 Balance 27,000.00 Dr 118,050.00 DP 92,050.00 Dr 117,050.00 Dr 82,050.00 Dr 1 26,000.00 2 25,000.00 3-30 2 35,000.00 Account # 110 Accounts Receivable Journal Page Debit 2019 Month-Day 3-1 Credit Beginning Balance 158,000.00 3-2 3-17 88,000.00 Balance 158,000.00 Dr 70,000.00 Dr 183,000.00 Dr 341,500.00 Dr --- 3-20 113,000.00 158,500.00 SOLID FOOTING 227 OverPriced Jeans, Inc. - General Ledger 120 Inventory Journal Page Credit Debit 36,000.00 Beginning Balance 23,500.00 80,500.00 3-1 3.10 3-16 3-17 3-20 3-22 Balance 36,000.00 DE 12,500.00 Dr 93,000.00 DI 57,000.00 DP 10.000.00 Dr 52,000.00 Dr 36,000.00 47,000.00 42,000.00 Account # 150 Equipment Journal Page 1 Debit Credit 2019 Month Day 3-1 Balance Beginning Balance 60,000.00 60,000.00 Dr SOLID FOOTING 227 Overpriced Jeans, Inc. - General Ledger 200 Accounts Payable Journal Page Debit Credit Month Day 3-1 Beginning Balance 0.00 Balance 0.00 CP 80.500.00 CI 40.250.00 CI 80,500.00 3.28 40,250.00 Account # 210 Note Payable - Big Bank 20191 Month Day 3-1 Beginning Balance Debit Page 1 Credit 65,000.00 1,205.00 Balance 65,000.00 Cr 6 6,205.00 Cr 3-31 Account # 215 Note Payable - Little Bank Journal 2019 Month-Day 1 3-1 Beginning Balance Credit 60,000.00 Balance 60,000.00 CP 0.00 Cr 1 60,000.00 Account # 220 Interest Payable - Big Bank 2019 Journal Page Debit Credit 600.00 Balance 6 00.00 3-1 Beginning Balance Account # 225 Interest Payable - Little Bank Journal Debit 2019 Month-Day 3-1 3-1 Credit 450.00 Beginning Balance Balance 4 50.00 CI 0.00 Cr 450.00 - Homework Forme SOLID FOOTING 227 Section: MW #pol 07198 Over Priced Jeans, Inc. - General Ledger 300 Common Stock Journal Page. Debit 3-1 Beginning Balance Credit 75,000.00 55,000.00 Balance 75,000.00 CI 130,000.00 CP 1 Account # 305 Retained Earnings Journal Page 1 Debit 2019 Month-Day 3-1 Beginning Balance 3-31 3-31 Credit 155,950.00 387,550.00 Balance 155,950.00 Cr 543,500.00 Cr 370,595.00 CP 2 172,905.00 SOLID FOOTING 227 Cartin MW #pas. 107 108 OverPriced Jeans, Inc. - General Ledger Oudio Burgos 400 Sales Revenue Journal Page 1 Debit Beginning Balance 3.10 3-17 Credit 0.00 91,050.00 113,000.00 183,500.00 Balance 0.00 Cr 91.050.00 Cr 204.050.00 Cr 387,550.00 Cr 0.00 Cr 3-20 3-31 387,550.00 Account # 500 Cost of Goods Sold 2019 Credit Page # Beginning Balance 1 Month-Day 3-1 3-10 3-17 3-20 3-31 Debit 0.001 23,500.00 36,000.00 47,000.00 Balance 0.00 Dr 23,500.00 Dr 59,500.00 Dr 106,500.00 DI 0.00 Dr 2 106,500.00 Account # 510 Rent Expense 2019 Month-Day 1 3-1 Beginning Balance Journal Page # Credit Debit 0.00 4,200.00 Balance 0.00 Dr 4,200.00 Dr 0.00 Dr 3-1 1 3-31 4,200.00 SOLID FOOTING 227 Ter For Cartin: Mw #pos. 107-108 OverPriced Jeans, Inc. - General Ledger Wages Expense Page 1 Credit Beginning Balance Debit 0.00 26,000.00 35,000.00 Balance 0.00 Dr 26,000.00 Dr 61,000.00 Dr 0.00 Dr I 2 3.31 61,000.00 Account # 520 Interest Expense Journal Page. Debit Credit 2019 Month-Day 3-1 3-31 3-31 Beginning Balance 0.00 Balance 0.00 Dr 1.205.00 Dr 0 .00 Dr 1,205.00 1,205. 00 SOLID FOOTING 4. 117- Ovidio Burgos OPJ's - March 31, 2019 Pre-Closing Trial Balance Debit Credit 72,100.00 82,050.00 341,500.00 52,000.00 60,000.00 Account # Account Name 100 Cash - Big Bank 105 Cash - Little Bank 110 Accounts Receivable 120 Inventory 150 Equipment 200 Accounts Payable Note Payable - Big Bank 215 Note Payable - Little Bank 220 Interest Payable - Big Bank 225 Interest Payable - Little Bank 300 Common Stock 305 Retained Earnings 400 Sales Revenue 500 Cost of Goods Sold 510 Rent Expense 515 Wages Expense 520 Interest Expense Totals 40,250.00 66,205.00 0.00 600.00 0.00 130,000.00 155,950.00 387,550.00 106,500.00 4,200.00 61,000.00 1,205.00 780,555.00 780,555.00 Ovidio Burgos Over Priced Jeans, Inc. Income Statement for the Month Ended March 31, 2019 Sales Revenue Cost of Goods Sold $387,550.00 (106,500.00) 281,050.00 Gross Profit Expenses: Rent Expense (4,200.00) Wages Expense (61,000.00) Interest Expense (1,205.00) Total Expenses (66,405.00) Net Income $214,645.00 Calculation of Retained Earnings as of March 31 for the Balance Sheet Retained Earnings Current Balance Plus March Net Income 155,950.00 214,645.00 Retained Earnings as of March 31 for Balance Sheet 370,595.00 Ovidio Burgos OverPriced Jeans, Inc. Balance Sheet as of March 31, 2019 Assets Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment $72,100.00 82,050.00 341,500.00 52,000.00 60,000.00 Total Assets $607,650.00 $40,250.00 66,205.00 0.00 Liabilities Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank 600.00 0.00 107,055.00 Total Liabilities Equity: 130,000.00 370,595.00 Common Stock Retained Earnings Total Equity Total Liabilities & Equity 500,595.00 $607,650.00 Section: MWL dvance and the Monthly Adjusting Entry ncent for rent Chapter Hw8 Credit Ovidio Burgos March 31, 2019 Post-Closing Trial Balance OPJ's - March Accent Credit Debit 72,100.00 82,050.00 341,500.00 52,000.00 60,000.00 100 105 110 120 150 200 210 215 220 225 300 305 400 500 510 515 520 Account Name Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Rent Expense Wages Expense 40,250.00 66,205.00 0.00 600.00 0.00 130,000.00 370,595.00 0.00 0.00 0.00 0.00 0.00 607,650.00 Interest Expense Totals 607,650.00 SOLID FOOTING 227 OverPriced Jeans, Inc. - Transactions. Additional Information March 2019 Transactions Date Description of the Transaction March 1 Owners of OPJ invested an additional $55,000 cash into the business. The cash is put into Big Bank (As an example of how to journal and post a transaction the transaction has already been entered into the General Journal and posted to the General Ledger.) March 1 Pay off the 500,000 Note Payable owed to Little Bank. The cash to pay off the note is taken out of Big Bank. Also pay to Little Bank $450 for interest owed on the Note Payable for February The $450 cash is also taken out of Big Bank. SPP March 1 Take $4,200 cash out of Big Bank to pay for March's rent. March 2 The customer that purchased on credit on February 15 pays $88,000 cash to pay off the amount due. The cash is deposited into Big Bank March 10 Sale of inventory to a customer selling price $91,050 - cost of the inventory sold $23.500. The customer pays cash. The cash is deposited into Little Bank U March 15 Take $20,000 cash out of Little Bank to pay employees for wages they have earned March 16 Purchase 580,500 of additional inventory. OPJ will pay the manufacturer 50% of the $80.500 in 10 days. OPJ will pay the remaining 50% in 30 days. March 17 Sale of inventory to a customer-selling price $113,000 - cost of the inventory sold $36,000 The customer will pay for the purchase in 30 days March 20 March 2 Sale of inventory to a customer --selling price $183,500 - cost of the inventory sold $47.000 The customer pays $25,000 cash that is deposited into Little Bank. The customer will pay the The customer pure in 30 days 0 0 March 22 Purchase inventory for $42.000 cash. The cash is taken out of Big Bank March 26 Pay the manufacturer the 50% due on the March 16th purchase of inventory. The cash is taken out of Big Bank March 30 Take $35,000 cash out of Little Bank to pay employees for wages they have earned. Additional Information Note Payable Big Bank: Interest due to Big Bank on the Note Payable for the month of March is $605. As of March 31 OPJ owes Big Bank a total of $1,205 for interest ($600 for February + $605 for March). Interest will be paid to Big Bank in June. SOLID FOOTING 22 Homework Forms Overpriced Jeans, Inc. - Chart of Accounts Account # 100 105 110 120 150 Account Name Assets: Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment 200 210 215 220 225 Liabilities: Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank Equity: Common Stock Retained Earnings 305 Revenues: Sales Revenue 400 510 515 520 Expenses: | Cost of Goods Sold Rent Expense Wages Expense Interest Expense SOLID FOOTING 227 Ovidio 90s OverPriced Jeans, Inc. - General Journal Page 1 Debit Credit Account Account Name Number 100 Cash - Big Bank 300 Common Stock Issue additional Common Stock Posted X X / 55,000.00 55,000.00 215 225 100 Note Payable- Little Bank Interest Payable- Little Bank Cash - Big Bank Note and Interest payed X X 60,000.00 450.00 60.450.00 3-1 4,200.00 510 100 Rent Expense Cash- Big Bank Rent for March payed X X 4,200.00 3-2 X L 100 110 88,000.00 Cash-Big Bank Account Recievable Customers Credit Payed off 88,000.00 3-10 91,050.00 91,050.00 105 400 500 120 Cash-Little Bank Sales Revenue Cost of Goods Sold Inventory Sold inventory for Cash X 23,050.00 23,050.00 3-15 515 105 Wages Expense Cash-Little Bank Wages for employees X X 26,000.00 26,000.00 3-16 X 80,500.00 120 200 Inventory Account Payable Purchase of Inventory 80,500.00 113,000.00 110 400 500 120 113,000.00 Account Receivable Sales Revenue Cost of Goods Sold Inventory Sold Inventory for Cash 36,000.00 36,000.00 omework Forma SOLID FOOTING 227 Over Priced Jeans, Inc. - General Journal Posted Credit Debit 25,000.00 158,500.00 X Account Account Name 105 Cash - Little Bank 110 Account Receivable "183500 - 25000 1 Sales Revenue Cost of Goods Sold 120 Inventory Customer partial payment & inventory so 183,500.00 400 500 47,000.00 47,000.00 3-22 42,000.00 120 100 Inventory Cash-Little Bank Purchase of Inventory X X L L 42,000.00 3-26 X 40,250.00 200 100 Account Payable Cash-Little Bank Payment to Account Payable X 40,250.00 3-30 X 35,000.00 515 105 Wages Expense Cash-Little Bank Wages for Employees 35,000.00 3-31 X 1,205.00 520 210 interest Expense Note Payable-Big Bank Interest Expense recorded X 1,205.00 3-31 400 305 387,550.00 Sales Revenue Retained Earnings Close Sales Revenue Account X X 387,550.00 3-31 305 172,905.00 Retained Earnings Cost of goods Sold Rent Expense Wages Expense Interest Expense Close Expense Accounts 106,500.00 4,200.00 61,000.00 1,205.00 Homework for SOLID FOOTING 227 Ovidio Burgos OverPriced Jeans, Inc. - General Ledger Account # 100 Cash - Big Bank Journal Page Credit 3.1 Beginning Balance Debit 76,000.00 55,000.00 60,450.00 4,200.00 Balance 76,000.00 DI 131,000.00 DE 70,550.00 DP 66,350.00 Dr 154,350.00 DP 112.350.00 Dr 72,100.00 Dr 1 2 88,000.00 3-22 42,000.00 40,250.00 3-26 Account # 105 Cash - Little Bank Journal Pace Credit Beginning Balance 2019 Month-Day 3-1 3-10 3-15 3-20 Debit 27,000.00 91,050.00 Balance 27,000.00 Dr 118,050.00 DP 92,050.00 Dr 117,050.00 Dr 82,050.00 Dr 1 26,000.00 2 25,000.00 3-30 2 35,000.00 Account # 110 Accounts Receivable Journal Page Debit 2019 Month-Day 3-1 Credit Beginning Balance 158,000.00 3-2 3-17 88,000.00 Balance 158,000.00 Dr 70,000.00 Dr 183,000.00 Dr 341,500.00 Dr --- 3-20 113,000.00 158,500.00 SOLID FOOTING 227 OverPriced Jeans, Inc. - General Ledger 120 Inventory Journal Page Credit Debit 36,000.00 Beginning Balance 23,500.00 80,500.00 3-1 3.10 3-16 3-17 3-20 3-22 Balance 36,000.00 DE 12,500.00 Dr 93,000.00 DI 57,000.00 DP 10.000.00 Dr 52,000.00 Dr 36,000.00 47,000.00 42,000.00 Account # 150 Equipment Journal Page 1 Debit Credit 2019 Month Day 3-1 Balance Beginning Balance 60,000.00 60,000.00 Dr SOLID FOOTING 227 Overpriced Jeans, Inc. - General Ledger 200 Accounts Payable Journal Page Debit Credit Month Day 3-1 Beginning Balance 0.00 Balance 0.00 CP 80.500.00 CI 40.250.00 CI 80,500.00 3.28 40,250.00 Account # 210 Note Payable - Big Bank 20191 Month Day 3-1 Beginning Balance Debit Page 1 Credit 65,000.00 1,205.00 Balance 65,000.00 Cr 6 6,205.00 Cr 3-31 Account # 215 Note Payable - Little Bank Journal 2019 Month-Day 1 3-1 Beginning Balance Credit 60,000.00 Balance 60,000.00 CP 0.00 Cr 1 60,000.00 Account # 220 Interest Payable - Big Bank 2019 Journal Page Debit Credit 600.00 Balance 6 00.00 3-1 Beginning Balance Account # 225 Interest Payable - Little Bank Journal Debit 2019 Month-Day 3-1 3-1 Credit 450.00 Beginning Balance Balance 4 50.00 CI 0.00 Cr 450.00 - Homework Forme SOLID FOOTING 227 Section: MW #pol 07198 Over Priced Jeans, Inc. - General Ledger 300 Common Stock Journal Page. Debit 3-1 Beginning Balance Credit 75,000.00 55,000.00 Balance 75,000.00 CI 130,000.00 CP 1 Account # 305 Retained Earnings Journal Page 1 Debit 2019 Month-Day 3-1 Beginning Balance 3-31 3-31 Credit 155,950.00 387,550.00 Balance 155,950.00 Cr 543,500.00 Cr 370,595.00 CP 2 172,905.00 SOLID FOOTING 227 Cartin MW #pas. 107 108 OverPriced Jeans, Inc. - General Ledger Oudio Burgos 400 Sales Revenue Journal Page 1 Debit Beginning Balance 3.10 3-17 Credit 0.00 91,050.00 113,000.00 183,500.00 Balance 0.00 Cr 91.050.00 Cr 204.050.00 Cr 387,550.00 Cr 0.00 Cr 3-20 3-31 387,550.00 Account # 500 Cost of Goods Sold 2019 Credit Page # Beginning Balance 1 Month-Day 3-1 3-10 3-17 3-20 3-31 Debit 0.001 23,500.00 36,000.00 47,000.00 Balance 0.00 Dr 23,500.00 Dr 59,500.00 Dr 106,500.00 DI 0.00 Dr 2 106,500.00 Account # 510 Rent Expense 2019 Month-Day 1 3-1 Beginning Balance Journal Page # Credit Debit 0.00 4,200.00 Balance 0.00 Dr 4,200.00 Dr 0.00 Dr 3-1 1 3-31 4,200.00 SOLID FOOTING 227 Ter For Cartin: Mw #pos. 107-108 OverPriced Jeans, Inc. - General Ledger Wages Expense Page 1 Credit Beginning Balance Debit 0.00 26,000.00 35,000.00 Balance 0.00 Dr 26,000.00 Dr 61,000.00 Dr 0.00 Dr I 2 3.31 61,000.00 Account # 520 Interest Expense Journal Page. Debit Credit 2019 Month-Day 3-1 3-31 3-31 Beginning Balance 0.00 Balance 0.00 Dr 1.205.00 Dr 0 .00 Dr 1,205.00 1,205. 00 SOLID FOOTING 4. 117- Ovidio Burgos OPJ's - March 31, 2019 Pre-Closing Trial Balance Debit Credit 72,100.00 82,050.00 341,500.00 52,000.00 60,000.00 Account # Account Name 100 Cash - Big Bank 105 Cash - Little Bank 110 Accounts Receivable 120 Inventory 150 Equipment 200 Accounts Payable Note Payable - Big Bank 215 Note Payable - Little Bank 220 Interest Payable - Big Bank 225 Interest Payable - Little Bank 300 Common Stock 305 Retained Earnings 400 Sales Revenue 500 Cost of Goods Sold 510 Rent Expense 515 Wages Expense 520 Interest Expense Totals 40,250.00 66,205.00 0.00 600.00 0.00 130,000.00 155,950.00 387,550.00 106,500.00 4,200.00 61,000.00 1,205.00 780,555.00 780,555.00 Ovidio Burgos Over Priced Jeans, Inc. Income Statement for the Month Ended March 31, 2019 Sales Revenue Cost of Goods Sold $387,550.00 (106,500.00) 281,050.00 Gross Profit Expenses: Rent Expense (4,200.00) Wages Expense (61,000.00) Interest Expense (1,205.00) Total Expenses (66,405.00) Net Income $214,645.00 Calculation of Retained Earnings as of March 31 for the Balance Sheet Retained Earnings Current Balance Plus March Net Income 155,950.00 214,645.00 Retained Earnings as of March 31 for Balance Sheet 370,595.00 Ovidio Burgos OverPriced Jeans, Inc. Balance Sheet as of March 31, 2019 Assets Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment $72,100.00 82,050.00 341,500.00 52,000.00 60,000.00 Total Assets $607,650.00 $40,250.00 66,205.00 0.00 Liabilities Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank 600.00 0.00 107,055.00 Total Liabilities Equity: 130,000.00 370,595.00 Common Stock Retained Earnings Total Equity Total Liabilities & Equity 500,595.00 $607,650.00 Section: MWL dvance and the Monthly Adjusting Entry ncent for rent Chapter Hw8 Credit Ovidio Burgos March 31, 2019 Post-Closing Trial Balance OPJ's - March Accent Credit Debit 72,100.00 82,050.00 341,500.00 52,000.00 60,000.00 100 105 110 120 150 200 210 215 220 225 300 305 400 500 510 515 520 Account Name Cash - Big Bank Cash - Little Bank Accounts Receivable Inventory Equipment Accounts Payable Note Payable - Big Bank Note Payable - Little Bank Interest Payable - Big Bank Interest Payable - Little Bank Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Rent Expense Wages Expense 40,250.00 66,205.00 0.00 600.00 0.00 130,000.00 370,595.00 0.00 0.00 0.00 0.00 0.00 607,650.00 Interest Expense Totals 607,650.00