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i need to make a trial balance after posting closing ACCOUNTING CYCLE STEP 9: Prepare a post-closing trial balance. Just like the unadjusted trial balance
i need to make a trial balance after posting closing
ACCOUNTING CYCLE STEP 9: Prepare a post-closing trial balance. Just like the unadjusted trial balance and the adjusted trial balance, this trial balance is simply a listing of the general ledger accounts and their balances in financial statement order with the debit and credit columns summed. See Exhibit 4.6 in your textbook for an example of a post-closing trial balance. No working papers been provided for this step, so you may either handwrite your solution or prepare it electronically. If you prepare your solution electronically, be sure to bring a hardcopy to class Helpful Hints This trial balance confirms that general ledger debits and credits are equal before beginning a new accounting cycle. Given that all the temporary account balances were reduced to zero during the closing process, the temporary accounts may be omitted from this trial balance. Check Figure: Debits and Credits must each equal $13,317. 12513 300 12 g 1632 2 old Sept 3d Ticket Revenue 403 125315 Income Summary 999 76 Sept 20 Income Summary 1991 1456 Advertising Expense le2 Depreciation Expense, Insurance Expense Interest Expense! 640 Mowing Expense 652 Supplies Expense Wages Expense 1682 3d Income Summary Aga M. Lapinski, Capital 301 38 Sept 30 M. Lapinski, Capital 30101010 M.Lapinski, Wiindrawal 302 670 10121 1815 81N Account No. 101 Balansere 32 Adiusted Trial Balance Blue Raiders Adventure pare Blue Raider Adventure parodos September 30" Account Name Debt Cxedi Cash 39201 ACCOUNTS Receivable 510 2761 Supplies Prepaid Insurance 410 Equipment 1925 Accumulated Depreciation Equipert 7501 Sian Accumulated Depreca Activity Courses 04 Accumulated Depreciation Activity College SD Accounts Pavabile Wome Raluable $ 120 245 Andamned Revenue Increst Pawable 7000 INORCS Pancake 5000 M. Lapinski. Contos 2001 Mladinski, Withdrawals 2535 Ticket Revenue 300 Advertising Expense 169 Depreciation Expense Instaxante Expense 770 Interest Expense Mowing Expense 182 Supplies Expense 495 Wages Expense $15. loloa $15.0004 Total 10 Step by Step Solution
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