Kay Magill Company had the following adjusted trial balance.

A. Prepare closing entries at June 30, 2015.

B. Prepare a post-closing trial balance.

							KAY MAGILL COMPANY
							Adjusted Trial Balance
	Account Titles	Debit	Credit				For the Month Ended June 30, 2015
				1				Adjusted Trial Balance
				2			Account Titles	Debit	Credit
				3			Cash	$3,712
				4			Accounts Receivable	3,904
				5			Supplies	480
				6			Accounts Payable		$1,556
				7			Unearned Service Revenue		160
				8			Common Stock		4,000
				9			Retained Earnings		1,760
				10			Dividends	628
				11			Service Revenue		4,300
				12			Salaries and Wages Expense	1,344
				13			Miscellaneous Expense	256
				14			Supplies Expense	1,900
				15			Salaries and Wages Payable		448
								$12,224	$12,224
(b)
Kay Magill Company
Post-Closing Trial Balance
June 30, 2015
	Account Titles	Debit	Credit	1
				2
				3
				4
				5
				6
				7
				8
				9
				10