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I need help with 30-33 Use the following to answer questions 30 - 33 The following account balances appear in the 20XC year-end POST-closing trial
I need help with 30-33
Use the following to answer questions 30 - 33 The following account balances appear in the 20XC year-end POST-closing trial balance of BAC Corporation: Cash Accounts Receivable Inventory Equipment Accumulated Depreciation Accounts Payable Notes Payable Common stock Retained earnings $50,000 30,000 300,000 600,000 200,000 35,000 250,000 300,000 30. $ Determine the total amount of debits that would be shown on the post-closing trial balance 31. $ Determine retained earnings that would be shown on the post-closing trial balance 32. $ _Determine total current assets 33. $_ Determine the book value of the equipmentStep by Step Solution
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