Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

land:114000 long term investments in stocks:36000 notes recieveavle(3 years): 26000 prepaid expenses:10800 cash: 26000 accounts recievable:24000 supplies :10200 inventory:55000 intangible assets:15000 trucks 46000 truck accumulated

land:114000
long term investments in stocks:36000
notes recieveavle(3 years): 26000
prepaid expenses:10800
cash: 26000
accounts recievable:24000
supplies :10200
inventory:55000
intangible assets:15000
trucks 46000
truck accumulated depreciation:12000
accounts payable:62000
wages payable: 21000
intrest payable: 24000
notes payable (9years) 34000
mortage payable (20years) 84000
j, carter capital 126000
image text in transcribed
1. Prepare a post.closing trial balance at its December 31 year-end. (Hint remember to include accumulated depreciation - trucks) JISKO Pout Closing Trial Balance December 31 Debit Credit Totals

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Essentials Of Finance And Accounting For Nonfinancial Managers

Authors: Edward Fields

3rd Edition

0814436943, 9780814436943

More Books

Students also viewed these Accounting questions

Question

What reasons generally are given for imposing trade restrictions?

Answered: 1 week ago