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Mike's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: (Click the icon to view the adjusted trial balance.) Read the

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Mike's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: (Click the icon to view the adjusted trial balance.) Read the requirements Requirement 2. Prepare a post-closing trial balance Mike's Bowling Alley Post-Closing Trial Balance December 31, 2018 Balance Account Title Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer part remaining Clear All Check Answer ?? O LEPIC W esc 'Q tab W E R T . ork: Chapter 4 pall B TUITI HW Score: 67.44%, 6.07 of 9 9 of 9 (9 complete) 1 pt tion Help ) i Data Table ica fru,nuu uire 2,800 550 some su Mike's Bowling Alley Adjusted Trial Balance December 31, 2018 Balance Debit Credit Account Title $ 15,500 Cash 2,500 Accounts Receivable 600 Office Supplies Prepaid Insurance 3,400 25,000 Land Building 125,000 Accumulated Depreciation-Building 7,500 Equipment 42,000 Accumulated Depreciation-Equipment 15,000 Accounts Payable 5,000 edit 34,550 se Dividends moose from any Print Done part remaining 1. nap HW Score: 67.44%, 6.07 of 9 of 9 (9 complete) austion Help lartal i Data Table 5,000 FU, Accounts Payable Utilities Payable Salaries Payable Uneamed Revenue Common Stock 2,800 550 500 3,400 1,400 101,000 72,650 Retained Earnings Dividends Service Revenue 27,000 120,000 edit Insurance Expense 34,550 Salaries Expense Supplies Expense Utilities Expense Depreciation Expense-Equipment Depreciation Expense-Building 27,000 38,000 1,100 16,000 2,800 550 ends Total $ 326,450 $ 326,450 many Print Done aing 9 of 9 (9 complete) DI U Score: 0.43 of 1 pt Question Help %E4-25 (similar to) Mike's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: Click the icon to view the adjusted trial balance.) Read the requirements Debit Credit Date 120,000 Dec. 31 Clos. (1) Accounts and Explanation Service Revenue Income Summary 120,000 To close revenues Close expenses for the period. Date Accounts and Explanation Debit Credit 85,450 Dec. 31 Clos. (2) Income Summary Insurance Expense Salaries Expense Supplies Expense Utilities Expense 27,000 38,000 1,100 16,000 Choose from any list or enter any number in the input fields and then click Check Answer. part remaining Clear All Check Answer ? EPIC W esc F4 3 4 5 6 Mike's Bowling Alley's adjusted trial balance as of December 31, 2018, is presented below: Click the icon to view the adjusted trial balance.) Debit Credit Read the requirements Date Accounts and Explanation Dec. 31 Income Summary Clos. (3) Retained Earnings 34,550 34,550 To close Income Summary Close Dividends. Date Credit Accounts and Explanation Retained Earnings Dividends Debit 27,000 Dec. 31 Clos. (4) 27,000 To close Dividends. Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Clear All Check Answer 9 ? O EPIC wp esc F4 1 2 3 4 5 6

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