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Instructions The unadjusted trial balance of Epicenter Laundry at June 30, 2018, the end of the fiscal vear, follows Epicenter Laundry UNADJUSTED TRIAL BALANCE June
Instructions The unadjusted trial balance of Epicenter Laundry at June 30, 2018, the end of the fiscal vear, follows Epicenter Laundry UNADJUSTED TRIAL BALANCE June 30, 2018 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Laundry Supplies 3 Prepaid Insurance 4Laundry Equipment 11,000.00 21,500.00 9,600.00 232,600.00 125,400.00 11,800.00 40,000.00 65,600.00 Accumulated Depreciation 6Accounts Payable 7 Common Stock 8 Retained Earnings 9Dividends 10 Laundry Revenue 11 Wages Expense 12 Rent Expense 13 Utilities Expense 14 Miscellaneous Expense 15 Totals 10,000.00 232,200.00 125,200.00 40,000.00 19,700.00 5,400.00 475,000.00 475,000.00 Instructions Journal Score: 253/303 ACCOUNTING EQUATION DATE DESCRIPTION POST REF DEBIT CREDIT ASSETS LIABILITIES EQUITY Closing Entries Jun. 30 Laundry Supplies Expense Insurance Expense Depreciation Expense Wages Expense Rent Expense Miscellaneous Expense Utilities Expense 17,900.00 5,700.00 6,500.00 126,300.00 40,000.00 5,400.00 19,700.00 Income Summary 10 Jun. 30 Dividends 10,000.00 Retained Earnings Laundry Revenue Income Summary Retained Earnings Income Summary 12 Jun. 30 13 14 Jun. 30 15 Question not attempted. Score: 0/39 Epicenter Laundry POST-CLOSING TRIAL BALANCE June 30, 2018 1 Cash 2Laundry Supplies 3Prepaid Insurance 4Laundry Equipment 5 Accumulated Depreciation 6 Accounts Payable 7 Wages Payable 8 Common Stock 9 Retained Earnings 10 Totals Points: 0/11 Score: 0/135 Epicenter Laundry Balance Sheet (Label) Assets 2Label) 7 (Label) 10 12 Liabilitie 1 (Label) 14 15 16 17 Stockholders' Equity 18 19 20
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