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ignore the work ive done before, please help. The alphabetical listing below includes all of the adjusted account balances of Battle Creek, Inc. as of
ignore the work ive done before, please help.
The alphabetical listing below includes all of the adjusted account balances of Battle Creek, Inc. as of December 31, 2018. All account balances are normal. Accounts Payable Accounts Receivable Accumulated Depreciation Common Stock Cash Depreciation Expense Dividends Equipment Income Tax Expense Income Taxes Payable Rent Expense Retained Earnings Salaries and Wages Expense Service Revenue Deferred Revenue $ 4,300 9,200 4,900 3,300 3,000 1,500 1,100 10,100 1,400 1,400 1,700 3,300 9,900 19,300 1,400 Required: a. Prepare the closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) b. Prepare the post-closing trial balance as of December 31, 2018. (Enter all account balances, including any that may carry a zero- balance.) c. Prepare the classified balance sheet at December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) Required A Required B Required C Required A Required B Required Prepare the post-closing trial balance as of December 31, 2018. (Entd zero-balance.) Prepare the classified balance sheet at December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) Credits Assets Current Assets Cash Accounts Receivable BATTLE CREEK, INC. Balance Statement At December 31, 2018 Liabilities and Stockholders' Equity Liabilities 3,000 Current Liabilities: 9,200 Accounts Payable S Income Tax Payable 12,200 Deferred Revenue S 4,300 1,400 4,900 4,300 1.4001 Total Current Assets BATTLE CREEK, INC. Post-Closing Trial Balance At December 31, 2018 Account Name Debits Cash $ 3,000 Accounts Receivable 9.200 Equipment 10,100 Accumulated Depreciation $ Accounts Payable Income Tax Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries and Wages Expense oi Rent Expense 0 Depreciation Expense 0 Income Tax Expense 0 Totals $ 22,300 $ 1,400 1,400 3,300 3,300 Equipment Accumulated Depreciation Equipment, Net 7,100 10.100 4,900 Total Liabilities Stockholders' Equity Common Stock Retained Earnings 0 3,300 3,300 6,600 13,700 Total Assets S 12,200 S 18,600Step by Step Solution
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