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I need to creat closing entries for dec 1 and make a post closing trial but I don't believe I have all the financial statements
I need to creat closing entries for dec 1 and make a post closing trial but I don't believe I have all the financial statements necessary to do that not to mention that'd be a pretty confusing task for me if I had them this is for Trent company by the way
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Account Debit Credit Cash 12700 Accounts Receivable 20000 Prepaid Insurance 15000 Equipment 35000 Acc Depreciation- Equipment 14000 Accounts Payable 10000 Unearned Revenue 16000 Notes Payable 9000 Trent, Capital 24000 Trent, Drawing 1500 Service Revenue 25000 Adversting Expense 1400 Depreciation Expense 7000 Salary Expense 3000 Insurance Expense 1600 Rent Expense 800Step by Step Solution
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