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Item2 Item 2 Time Remaining 48 minutes 43 seconds 00:48:43 The alphabetical listing below includes all of the adjusted account balances of Battle Creek, Inc.
Item2
Item 2
Time Remaining 48 minutes 43 seconds
00:48:43
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 | $ | 4,800 | |
Accounts Receivable | 10,000 | ||
Accumulated Depreciation | 4,100 | ||
Common Stock | 2,600 | ||
Cash | 4,000 | ||
Depreciation Expense | 1,600 | ||
Dividends | 1,000 | ||
Equipment | 10,400 | ||
Income Tax Expense | 1,300 | ||
Income Taxes Payable | 1,300 | ||
Rent Expense | 1,400 | ||
Retained Earnings | 3,100 | ||
Salaries and Wages Expense | 6,400 | ||
Service Revenue | 18,900 | ||
Deferred Revenue | 1,300 | ||
Required:
- Prepare the closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
- Prepare the post-closing trial balance as of December 31, 2018. (Enter all account balances, including any that may carry a zero-balance.)
- Prepare the classified balance sheet at December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.)
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